Allegheny County state legislative delegation activity for October 23

Allegheny County state legislative delegation activity for October 23

The state House and Senate concluded legislative action for the 2017-2018 state budget this week. 

Here's how the Pittsburgh and Allegheny County delegation voted on key budget bills. 

Friday, October 27, 2017/Author: Alanna Koll
Treasury authorizes $1.8 billion line of credit to state's General Fund

Treasury authorizes $1.8 billion line of credit to state's General Fund

State Treasurer Joe Torsella announced Friday that he has authorized a $1.8 billion line of credit from the Treasury’s Short Term Investment Pool (STIP) to the state General Fund.

The line of credit is to be paid back on or before April 2, 2018 at a variable interest rate equal to the SiFMA Swap Index Yield, according to a statement by Treasurer Torsella. 

Friday, October 27, 2017/Author: Alanna Koll
Categories: News and Views
Pittsburgh ICA approves city's $555 million proposed budget

Pittsburgh ICA approves city's $555 million proposed budget

During a special meeting of Pittsburgh’s Intergovernmental Cooperation Authority board Thursday, members approved the city’s proposed $555 million budget for 2018, 3-0.

The board was required to provide a vote on the proposed spending plan by Friday. Two members abstained from the vote, saying they weren’t confident that once the proposal went before City Council, it would face some major changes.
Tuesday, October 17, 2017/Author: Alanna Koll
Categories: Pittsburgh
Allegheny County state legislative delegation activity for October 2

Allegheny County state legislative delegation activity for October 2

The state House and Senate wrapped up another legislative session week.

Here's what the Pittsburgh and Allegheny County delegation were up to. 

Friday, October 6, 2017/Author: Alanna Koll
Categories: Pittsburgh
Proposed hotel tax increase could hurt chances of Pittsburgh's proposed Sports Commission

Proposed hotel tax increase could hurt chances of Pittsburgh's proposed Sports Commission

The latest effort by lawmakers in Harrisburg to balance this year’s state budget via a five percent hotel tax increase could hurt the chances of a long-sought after Pittsburgh Sports Commission, said Pittsburgh officials Wednesday.

The Pittsburgh Sports Commission is part of an economic development strategy between VisitPittsburgh, the city’s official tourism promotion agency, the Sports Exhibition Authority, with support from the Peduto administration and City Council to recruit major sporting events to the city.
Wednesday, October 4, 2017/Author: Alanna Koll
Categories: Pittsburgh
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