By December, the city is projecting a cash shortfall of $8.8 million, said the budget director. The City Controller's office said the shortfall could be up to $12 million.
The budget director said, "When we see this picture, we just don't sit back." Meanwhile, the city's reserve fund had been in past years as great as $80-million. That fund balance has dropped by $20-$30 million each of the past few years. Now it is running to empty.
Fear not. The city is not hiring. Many are retiring. Attrition is high.
Sala's first line of questions was to the timing of additional borrowing. The slogan "tax-and-spend Democrats" won't fit any more. Rather the new slogan needs to be "borrow, spend and beg" -- and in that order.
"We know that 2005 will bring a balanced budget," said the budget director. To bad the last two years saw illegal budgets.
Every year for at least the next three year, Pittsburgh will need a tax note at the start of the year to borrow some $30-million.
The hole that Mayor Murphy and the others in leadership positions have been digging is very deep. And, the real digging has yet to end.
Thursday, August 05, 2004
Wednesday, August 04, 2004
South Side Summer Street Spectacular Sucks
The South Pittsburgh Reporter newspaper on the 2004 event: "It's the worst thing that South Side ever came up with," citing the "nastiness, urine, and puke."
Seniors, especially, suffer as they are fearful of leaving their homes.
You've got until August 13, 2004 to fill out a five question survey from the South Side Local Development Company. Like they didn't even plan this years event until June. Rush to give that feedback.
Residents' Survey
Business Survey
The event should be terminated. There are many other, better things that should be done. Frankly, I'd love to see the field used as a ballfield.
The South Side Spring Sports Showcase should occur with partnership of Pitt. Pitt's spring football game should be played at South Stadium. A parade should go from UPMC's football facility to South with players, coaches, tailgaters, and other sports activities throughout the neighborhood.
Seniors, especially, suffer as they are fearful of leaving their homes.
You've got until August 13, 2004 to fill out a five question survey from the South Side Local Development Company. Like they didn't even plan this years event until June. Rush to give that feedback.
The event should be terminated. There are many other, better things that should be done. Frankly, I'd love to see the field used as a ballfield.
The South Side Spring Sports Showcase should occur with partnership of Pitt. Pitt's spring football game should be played at South Stadium. A parade should go from UPMC's football facility to South with players, coaches, tailgaters, and other sports activities throughout the neighborhood.
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