Wednesday, August 27, 2014
Inquirer Daily News

Council Awards Financial Contract to Retired Staffer

NOTE: This post has been corrected.

Council Awards Financial Contract to Retired Staffer

NOTE: This post has been corrected.

Council today also announced that they are awarding $150,000 in financial consulting contracts -- $125,000 to Charles McPherson, a retired Council employee, and up to $25,000 to Econsult/Fairmount Group.

McPherson retired April 9, 2009*, after 37 years of service. He last served as Council's chief financial advisor and left with a $528,434 DROP payment. Before his departure, Verna tried and failed to get his retirement date extended by a year.

McPherson has been volunteering for Council since his retirement. Under state law, McPherson could not bid on a Council contract until a year had passed since he left his job.

Council President Anna Verna said Council did not have the expertise to do financial analysis without outside help. She scoffed at the idea that the McPherson contract was an inside deal.

“That’s not true,” Verna said.

*The original version of this post said McPherson retired April 9 of this year, but he actually retired in April, 2009. PhillyClout apologizes for the error.

About this blog
Chris Brennan, a native Philadelphian and graduate of Temple University, joined the Daily News in 1999. He has written about SEPTA, the Philadelphia School District, the legalization of casino gambling, state government, the mayor, the governor, City Council and political campaigns. E-mail tips to brennac@phillynews.com
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Jenny DeHuff is a 2005 graduate of the University of Rhode Island, where she cut her teeth in journalism. A South Philly transplant from New England, she joined the Daily News City Hall Bureau in 2013. For the past several years, she has worked as an investigative reporter exposing corruption in suburban politics, covering sometimes ghastly criminal court cases and following the people’s money and how its spent. In addition to being a dogged news hound, she enjoys reading and writing about travel, animals, Irish whiskey and aviation. E-mail tips to dehuffj@phillynews.com
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Sean Collins Walsh is from Bucks County and went to Northwestern University. He joined the Daily News copy desk in 2012 and now covers the Nutter administration. Before that, he interned at papers including The New York Times, The Dallas Morning News and The Seattle Times. E-mail tips to walshSE@phillynews.com
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