Saturday, August 1, 2015

Final Snow Bill Calculated

The final bill for the massive snow dump on the city this past winter is in – and it's a whopping $19 million.

Final Snow Bill Calculated

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The final bill for the massive snow dump on the city this past winter is in – and it's a whopping $19 million.

That’s right, the city shelled out $19 million to clear streets during three monster storms, according to the latest Quarterly City Managers Report. Those funds went to overtime for city workers, hiring outside contracters and buying salt.

The report also reveals that the city is set to end the current fiscal year with a slightly higher deficit than expected, which could further weaken the city's cash-flow situation next year.

To balance next year's budget, Council has voted legislation out of committee that would raise the property tax by 9.9 percent, increase the trash fee for commercial properties and tax some tobacco products. They have not acted on the mayor’s proposed tax on soda.

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The current budget plan passed by Council would provide a positive fund balance of $42 million. Nutter officials have argued that this is not enough cash to keep the city afloat all year. And Budget Director Stephen Agostini said the new deficit number -- due to in part to a payment for employee benefits -- means the cash situation will be even tighter than expected.

“It’s going to be a challenge,” he said.
 

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About this blog
William Bender, a Drexel graduate who landed at the Daily News in 2007, has covered everything from South Philly mobsters to doomsday hucksters. He occasionally writes about local food trucks and always eats everything on his plate, whether it be a bloody rib eye or a corrupt politician. E-mail tips to benderw@phillynews.com
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David Gambacorta, has been a reporter with the Daily News since 2005, covering crime, police corruption and all of the other bizarre things that happen in Philadelphia. Now he’s covering the 2015 mayor’s race, because he enjoys a good circus just as much as the next guy. He’s always looking to get a cup of coffee. Send news tips and other musings on life to gambacd@phillynews.com
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