Pittsburgh Mayor Submits Revised Five-Year Budget to Oversight Board

D'Ambrosio, Jill
June 2004
Bond Buyer;6/16/2004, Vol. 348 Issue 31906, p36
Trade Publication
Reports that Pittsburgh, Pennsylvania Mayor Tom Murphy submitted for review a revised budget and financial plan for fiscal years 2005 to 2009 to the city fiscal oversight board. Plan boosts property tax rates by 49 percent; Act 47 cuts in parking, mercantile, and business taxes; Act 47 is intended to help qualifying cities and towns get out of insolvency; Gross payroll tax at 0.6 percent for large nonprofits and for-profits.


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