Pittsburgh Mayor Bill Peduto introduced a $564 million operating budget for 2021 on Monday that doesn’t include a tax increase. But he said cuts will be required if federal relief for cities impacted by the coronavirus pandemic isn’t approved soon.
“It never should have come to this — and it breaks my heart to say — but if we do not get aid from Washington it will require the city to make $25.6 million in personnel cuts starting July 1, which is approximately 634 city employees,” Peduto said.
The financial situation of the city is the worst it’s been since 2003, when Pittsburgh was on the brink of bankruptcy, Peduto said.
“The financial responsibility we showed together the last seven years by building up the $120 million fund balance we had at the start of the year has helped us avoid pain so far, but now the cupboard is bare,” Peduto said. “Our tax revenues cratered, and there is still no clear path forward to replace them.”
Source: Peduto: Without federal aid, Pittsburgh will cut over 630 jobs | TribLIVE.com
