The following editorial explains why Mayor Bill Peduto feels that Pittsburgh needs an “exit plan” to deal with issues like debt and pension liability.
Gov. Tom Corbett went to Mayor Bill Peduto’s office on Thursday to deliver news that Peduto wanted to hear — the state will not yet remove the city from its Act 47 distressed status.
The following KDKA Editorial talks about Pittsburgh’s Act 47 Status.
His name is now on the door, but Mayor Bill Peduto’s office is still full of boxes, as he met with KDKA political editor Jon Delano for his first TV sit-down interview as mayor to discuss key issues facing the city.
Last year, Mayor Luke Ravenstahl and eight out of nine council members said it was time for Pittsburgh to end its financially distressed status under Act 47.
If you live, work or dine in certain communities like the city of Pittsburgh — you could get an unexpected jolt to your wallet, like a separate city-imposed drink tax.
The city of Jeannette has been struggling financially for years, and a decreasing population has been causing an eroding tax base.