Results by Google
Home Money 

Story

Pittsburgh's Budget Battle Reaches Compromise

Parking Tax Increases, But Laid-Off Workers Will Return

Posted: 4:29 pm EST January 12, 2004Updated: 5:39 pm EST January 12, 2004

The City Council made a special announcement concerning an agreement on Pittsburgh's budget crisis. It's a compromise that brings back dozens of jobs, but increases one key tax.

Late Monday morning, the City Council announced a new budget of $ 390 million.

It pumps up the parking tax from 31 percent to 50 percent, the highest in the nation. The new parking tax increase takes effect Feb. 1, instead of in July. The new date, and the tax increase, will raise about $3 million.

But it also means 99 part- and full-time workers will be rehired who had been laid off during previous budget cuts.

The new budget allows for 900 officers to patrol the streets. Officials said 11 officers will return to work Monday, 24 others will return after council makes final vote.

And while the mayor won't sign it, he won't veto it either, allowing it to become law.

Council will vote on the amended budget Tuesday.

More Money

Allegheny Conference

The Allegheny Conference on Community Development and its affiliates (Pittsburgh Regional Alliance; Greater Pittsburgh Chamber of Commerce; and Pennsylvania Economy League-Western Division) are working in collaboration to stimulate growth in southwestern Pennsylvania's economy and improve its quality of life. Full Story ››


Smart Savings

Do you catch yourself counting every penny these days? Find money-saving ideas big and small in our Smart Savings guide. Full Story ››


Housing Crunch

With banks and lenders facing major troubles, gain some insight on how to sell, refinance or keep your home. You'll find everything mortgage in our special section. Full Story ››