City's '08 Budget at $423.8 Million, but No New Taxes
Wereschagin, Mike, Tribune-Review/Pittsburgh Tribune-Review
Mayor Luke Ravenstahl proposed a 2008 city budget with no tax increases, about $4.3 million in additional spending and about $11.2 million in increased revenue.
The proposed $423.8 million spending plan, released on the last business day before a state-mandated deadline, relies on nearly $9.6 million more next year from local income taxes. Whether the budget remains balanced would hinge, in part, on whether the city collects $4.3 million from various nonprofits, which contributed $6.3 million this year.
Ravenstahl said he got a verbal commitment for the $4.3 million. A spokesman for the group of nonprofits said he's "not sure where (Ravenstahl) got …
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Publication information: Article title: City's '08 Budget at $423.8 Million, but No New Taxes. Contributors: Wereschagin, Mike - Author. Newspaper title: Tribune-Review/Pittsburgh Tribune-Review. Publication date: September 22, 2007. Page number: Not available. © 2009 Tribune-Review/Pittsburgh Tribune-Review. Provided by ProQuest LLC. All Rights Reserved.
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