Wednesday, July 8, 2015

Slash Philly deficit by 41 percent?

Inquirer staff writer Sam Wood reports: Just one day before Philadelphia is to close 11 library branches, Alan Butkovitz, the City Controller, will release a budget analysis that he says could reduce the city’s five-year $1 billion deficit by $413 million. The analysis looks at potential cost savings and will recommend methods of generating new revenues for the city. Among his recommendations, Butkovitz says the city’s Emergency Medical Services must improve their collection rates. The city EMS only collects 40% of money it’s owed. Other cities have a collection rates that approach 70%, a spokesman said. Butkovitz will hold a press conference this morning at 11 a.m. in his office at the Municipal Service Building where he will reveal additional findings. No doubt Mayor Nutter's staff will be interested to see his findings. Read more breaking news in our From The Source blog.

Slash Philly deficit by 41 percent?

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Inquirer staff writer Sam Wood reports:

Just one day before Philadelphia is to close 11 library branches, Alan Butkovitz, the City Controller, will release a budget analysis  that he says could reduce the city’s five-year $1 billion deficit by $413 million.

The analysis looks at potential cost savings and will recommend methods of generating new revenues for the city.

Among his recommendations, Butkovitz says the city’s Emergency Medical Services must improve their collection rates. The city EMS only collects 40% of money it’s owed. Other cities have a collection rates that approach 70%, a spokesman said.

Butkovitz will hold a press conference this morning at 11 a.m. in his office at the Municipal Service Building where he will reveal additional findings.

No doubt Mayor Nutter's staff will be interested to see his findings.


Read more breaking news in our From The Source blog.
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