Gov. Wolf confident October pressure-point payments will not be missed

Gov. Wolf confident October pressure-point payments will not be missed

Gov. Tom Wolf said Wednesday that as he continues to manage the state’s fiscal situation in the absence of a budget-balancing revenue package from the General Assembly, he is confident that State Treasurer Joe Torsella will resume authorizing short-term lending to allow enough cash-on-hand to make October payments to human services providers and public schools.

Wednesday, October 11, 2017/Author: Jason Gottesman
Categories: News and Views
Gov. Wolf reboots plan to monetize Farm Show Complex through a lease-leaseback

Gov. Wolf reboots plan to monetize Farm Show Complex through a lease-leaseback

Gov. Tom Wolf announced Monday that, as part of his ongoing effort to manage state finances in the absence of a balanced budget, that he is rebooting a plan from his February budget address to monetize the Pennsylvania Farm Show Complex through a lease-leaseback provision.

Monday, October 9, 2017/Author: Jason Gottesman
Categories: News and Views
Ongoing budget impasse puts state-related universities in funding jeopardy

Ongoing budget impasse puts state-related universities in funding jeopardy

With Gov. Tom Wolf set to manage the state’s finances given the protracted revenue-related budget impasse currently facing the Commonwealth, state-related universities have yet to get approval of their funding—a combined $650 million—and they are now sounding off about the impact not having that funding might have on their operations.

Thursday, October 5, 2017/Author: Jason Gottesman
Categories: News and Views
As latest revenue deal breaks down, Gov. Wolf steps in to manage state finances

As latest revenue deal breaks down, Gov. Wolf steps in to manage state finances

As the latest attempts by the state General Assembly to reach agreement on budget-balancing revenue broke down Wednesday, Gov. Tom Wolf announced he is stepping in to balance the Commonwealth’s books.

Wednesday, October 4, 2017/Author: Jason Gottesman
Categories: News and Views
House set to consider revenue bill led by hotel, fireworks taxes

House set to consider revenue bill led by hotel, fireworks taxes

The Pennsylvania House of Representatives Tuesday took the step of putting into place for a final vote in that chamber a linchpin revenue bill that has been seen as the largest log in the jam of the state’s most recent budget impasse.

Tuesday, October 3, 2017/Author: Jason Gottesman
Categories: News and Views
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