The first trick is to get blood from a rock.
The second trick is to measure how much or how little blood can be sucked from the non-profits. They article says that the crisis is over. But, the amount is unknown. We can all sleep easily now.
City has agreement with nonprofits on contributions The contract, currently under final review by the city solicitor, does not include a dollar amount that the nonprofit institutions would contribute.
This isn't news. Rather it is fabrication of fiction.
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City has agreement with nonprofits on contributions
Monday, July 25, 2005
By Rich Lord, Pittsburgh Post-Gazette
The City of Pittsburgh has reached an agreement with local nonprofit institutions on how they will contribute to city coffers, Mayor Tom Murphy said today.
The contract brings the city close to plugging one of two remaining holes in the 2005 budget.
The contract, currently under final review by the city solicitor, does not include a dollar amount that the nonprofit institutions would contribute.
Once the city signs the contract, the Pittsburgh Public Service Fund will send out 800 to 1,000 solicitation letters to tax-exempt entities, said the Rev. Ron Lengwin, spokesman for the Roman Catholic Diocese of Pittsburgh and the fund, which represents local nonprofit institutions and foundations. After most of the entities respond, the fund will advise the city how much it will receive, Lengwin said.
The city originally budgeted for $6 million in contributions, but a report last week by fiscal overseers suggested that $5 million would be a more reasonable expectation.
Murphy said the only remaining gap in the city budget was $3.5 million in reimbursement from the state for homeland security-related costs.
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More details in tomorrow's Pittsburgh Post-Gazette.
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