Thursday, March 5, 2015

PICA approves Nutter's five year financial plan

After some uncertainty, the city's fiscal watchdog today approved Mayor Nutter's five-year financial plan.

PICA approves Nutter's five year financial plan

After some uncertainty, the city's fiscal watchdog today approved Mayor Nutter's five-year financial plan.

Board members of the Pennsylvania Intergovernmental Cooperation Authority voted 4-1 in favor of approving the plan. They delayed a vote last month after requesting and receiving more information on how Nutter would pay for a potentially costly arbitration award for the city's firefighters.

Board President Sam Katz had raised questions about the city's declaration that if an appeal fails, they would pay for the award -- which would add $200 million in costs to the five year plan -- through service cuts. But today Katz said that after discussions with the administration and his own review of the plan, he was comfortable that the city had more options than just cuts.

But Katz said that he wanted to see the city resolve contracts with the city's non-uniform unions before next year's five year plan comes around. Those unions have been without contracts since 2009.

"Next year if it's still not resolved, I'm not going to suppor the five-year plan," Katz said.

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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