We just got this release from the Council President's Office:
Verna Notifies Council Members of Possible Special Session
PHILADELPHIA, PA - City Council President Anna C. Verna has issued a memorandum to Members of City Council (attached) advising them that they should be prepared to reconvene for Special Sessions on three dates in August if action is needed to consider amendments to the City's Fiscal Year 2010 Operating Budget.
Mayor Nutter yesterday briefed members of Council on the details of "Plan C" that the City would be forced to implement if action is not taken by the Pennsylvania General Assembly regarding the City's need for a temporary increase of one percent in the local sales tax and for authorization to restructure the schedule of payments to the City's pension fund. If action is not taken by the General Assembly by August 15, 2009, the City's Five Year Plan will be deemed disapproved by the Pennsylvania Intergovernmental Cooperation Authority (PICA) as of August 16, 2009.