Auditor General warns of “backdoor tax increase” if structural deficit is not resolved

Auditor General warns of “backdoor tax increase” if structural deficit is not resolved

Getting out ahead of the late-spring/early-summer state budget marathon, Auditor General Eugene DePasquale took to the podium Thursday to bring attention to the costs incurred due to the current fiscal year’s budget impasse and the harm that could result should the coming fiscal year’s budget not appropriately address the structural deficit.

“Let me be very blunt about this, as someone who monitors all state spending, including the federal money that flows through the state, if the structural deficit is not dealt with appropriately this year…and we have another budget impasse the rating agencies will downgrade Pennsylvania again this year,” he said. 

Thursday, April 28, 2016/Author: Jason Gottesman
Categories: News and Views
Rotunda Ramblings - March 11, 2016

Rotunda Ramblings - March 11, 2016

This week Rotunda Ramblings brings back witty conversation in breaking down the week's top news items including the end of budget hearings, what the state's pension systems are up to, and the governor issuing an Executive Order providing for a limited increase in the minimum wage. We also sit down with Auditor General Eugene DePasquale and Rep. Seth Grove (R-York) to talk municipal pension reform.

Listen to the whole episode HERE.

Friday, March 11, 2016/Author: Jason Gottesman
Categories: Features
Auditor General spotlights “incomprehensible” double standard at Gaming Control Board

Auditor General spotlights “incomprehensible” double standard at Gaming Control Board

Auditor General Eugene DePasquale Wednesday released a performance audit of the Pennsylvania Gaming Control Board as a follow up to the department’s 2010 audit of the board, and found what he described as an “incomprehensible” double standard in terms of meal reimbursements between board members and staff.

Wednesday, February 17, 2016/Author: Jason Gottesman
Categories: News and Views
Auditor General offers to take over PERC’s municipal pension-related functions

Auditor General offers to take over PERC’s municipal pension-related functions

In a response to an open letter from Public Employee Retirement Commission executive director James McAneny Thursday, Auditor General Eugene DePasquale said his department would willing to take over PERC’s municipal pension-related functions should the commission no longer be able to operate.

Since the December 2015 line-item veto of a Republican-crafted budget proposal, PERC has been without an operating budget and the commission was notified this week that its functions would be terminated and its employees would lose their jobs with the commission.

Thursday, February 4, 2016/Author: Jason Gottesman
Categories: News and Views
Auditor General bangs the drum on municipal pension reform

Auditor General bangs the drum on municipal pension reform

Auditor General Eugene DePasquale once again spoke on the need for municipal pension reform at a Capitol news conference Tuesday, pointing out the problem is likely worse than the $7.7 billion unfunded liability identified in his latest municipal pension report.

Tuesday, February 2, 2016/Author: Jason Gottesman
Categories: News and Views
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