Pennsylvania Officials Taking Stock of Federal Aid

D'Ambrosio, Gillian
June 2003
Bond Buyer;6/10/2003, Vol. 344 Issue 31653, p4
Trade Publication
Pennsylvania social service, education, and public transit agencies are hopeful that a 900 million dollar aid from federal government will help restore budget cuts. The state's two largest transit operators, the Allegheny County Port Authority and the Southeastern Pennsylvania Transportation Authority, are among those agencies struggling to balance their budgets as July 1, 2003, the start of fiscal 2004, approaches. Fitch Ratings Inc. affirmed its A rating on the authority's special revenue bonds in April, 2003.


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