House Republicans question constitutionality of Farm Show Complex financial transaction

House Republicans question constitutionality of Farm Show Complex financial transaction

Republicans of the House Appropriations Committee interrogated representatives of the Department of General Services (DGS) Wednesday about a $200 million contract that the General Assembly did not approve.


DGS, under the jurisdiction of Gov. Tom Wolf, is leasing out the Farm Show Complex and Expo Center. It was originally a lease-leaseback agreement with a private operator that morphed into a finance agreement.


The transaction amounts to a front of $200 million that would require the Commonwealth to pay back about $377 million when taking into account interest and fees.

Wednesday, February 28, 2018/Author: Taylor Allen
Categories: News and Views
Senators want to sell naming rights to state office buildings to help offset operational costs

Senators want to sell naming rights to state office buildings to help offset operational costs

The Commonwealth of Pennsylvania owns and leases a lot of office space across the state: 16 million square feet in total. This week, two senators from different sides of Pennsylvania—Sen. Dave Argall (R-Schuylkill) and Sen. Randy Vulakovich (R-Allegheny)—unveiled their proposal to sell the naming rights to just about every state-owned office building help offset the operational costs of these facilities.

 

The proposal comes out of recommendations from a report issued by the Joint State Government Commission at the end of last year in response to a resolution sponsored by the two senators seeking answers to questions they had about reports of unused/unmanned state office space still requiring maintenance, upkeep, and—most importantly—money by the Commonwealth.

Thursday, May 18, 2017/Author: Jason Gottesman
Categories: News and Views
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