Pittsburgh closer to $18 million that financial overseer withheld

The board of the Intergovernmental Cooperation Authority (ICA), Pittsburgh’s state-appointed fiscal overseer, voted on Tuesday evening to negotiate a legal settlement over $18 million owed to the city from state gambling tax revenue. 

As The PLS Reporter previously reported, Pittsburgh Mayor William Peduto’s administration filed a lawsuit against the ICA to get that money back. 

The board of directors voted to authorize Chairwoman B.J. Leber and interm executive director Reynolds Clark and ICA attorneys to finalize an agreement with the city that will be brought back to the ICA board for approval. There was also an agreement by the board and the city to drop a right-to-know law request for financial documents. 

Friday, June 24, 2016/Author: Alanna Koll
Categories: Pittsburgh
General Assembly taking steps to help reform Pittsburgh ICA

General Assembly taking steps to help reform Pittsburgh ICA

The Senate Community, Economic & Recreational Development Committee met Wednesday to consider legislation that would reform an embattled budget oversight agency in Pittsburgh.

The Pittsburgh Intergovernmental Cooperation Authority (ICA) is a special administrative body created by the state legislature in 2004 to oversee the finances of the City of Pittsburgh as it was facing financial hardship.

SB 1221, sponsored by Senate Minority Leader Jay Costa (D-Allegheny) calls on the body to adopt a records-retention policy, file monthly financial statements, maintain a website and establish a formal process to determine how state gaming monies can be used in the City’s “best interest.” 

Thursday, May 19, 2016/Author: Alanna Koll
Categories: Pittsburgh