Citing labor costs, Philly mulls service cuts
Philadelphia may be in for some service cuts as it struggles to pay for new municipal labor contracts, according to a city official.
Philadelphia City Finances Get Thumbs Up, With A Few Caveats
The board that oversees Philadelphia government finances has unanimously approved the city’s five-year fiscal plan, but they had just a few reservations.
PICA approves city’s five-year plan, warns not enough savings
While raising concerns about low fund balances and future labor contracts, the Pennsylvania Intergovernmental Cooperation Authority (PICA) board unanimously approved the city’s five-year plan at its meeting Tuesday.
Philly police OT soars amid political protests, special events
Overtime pay in the Philadelphia Police Department soared over budget during the first six months of the fiscal year.
PICA: Overtime a challenge for Kenney admin
In the first fiscal quarter that Mayor Kenney was fully in charge, revenues were strong yet use of overtime was the highest it’s been in years.
City employees continue to cash in on DROP
Hundreds of city employees continue to take advantage of the DROP pension program each year, according to a recent city analysis.
City overspends in overtime, again
Philadelphia spent $170 million in overtime in fiscal 2016, which was 26 percent over budget.
Report: Philadelphia blew overtime budget by $45 million in FY 2016
It’s the sixth year in a row that Philadelphia hasn’t met its planned overtime budget, according to one new report.
City’s five-year plan approved despite recession warning
Philadelphia is counting on its recent good fortune with tax revenue continuing for the next five years as a way to fund new labor agreements and rising pension costs.