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Governor Wolf Announces Pittsburgh Has Emerged from Distressed Status Under Act 47

first_imgGovernor Wolf Announces Pittsburgh Has Emerged from Distressed Status Under Act 47 Economy,  Press Release Harrisburg, PA – Today, Governor Tom Wolf announced that the city of Pittsburgh’s status as a distressed municipality under Act 47 is terminated. Pittsburgh is the second city and 14th municipality to exit the program.“This turnaround wasn’t easy – it took a lot of hard work, a lot of collaboration, and yes, some constructive arguments about where the city was headed, but in the face of it all, Pittsburgh stood united – desperately working to improve its stability and its financial health,” said Governor Wolf.  “Pittsburgh’s recovery has captured the attention of the nation, and, frankly, the world. We’ve transformed a rust belt city that was a symbol of economic decline into one of the most dynamic examples of innovation for the new economy in the world. My administration has been proud to support your efforts and will continue to do so in the years ahead.”In a ceremony at the City-County Building, Governor Wolf joined Pittsburgh Mayor William Peduto, city officials, local legislators, economic development officials, and Department of Community and Economic Development (DCED) Secretary Davin, who issued a formal determination letter finding that termination of the city’s distressed status was appropriate under Section 255.1 of Act 47. Secretary Davin made the decision after a thorough review of the city’s audits, financial data, and the record from a public hearing held on December 20, 2017.“I want to thank Governor Wolf and DCED for this announcement, and especially city residents and workers for all their patience and sacrifices the past 14 years,” Mayor Peduto said. “Act 47 was the tool we needed to bring our financial house in order and pave the way for Pittsburgh’s economic resurgence. Now our challenge is to continue building upon the fiscal discipline it taught us.”Pittsburgh has operated under Act 47 status for 14 years, entering on December 29, 2003. In the last few weeks, Secretary Davin reviewed documentation and evidence that was presented during the December 20 public hearing. The findings indicated that, bolstered by careful budget governance and a recent surge in the city’s technology and medical sectors, the city has stabilized its finances, and now operates with healthy surpluses that are projected to continue. It also reported the city’s debt service is reasonable and manageable when compared with the overall budget, and that city administrators have developed a strategy for fiscal management that pays for the necessary city services such public safety and public works, funds employee pensions plans, invests in capital improvements, and controls costs.“When Governor Wolf appointed me to this position, he set forth several priorities for my agency, one of which was to make sure Pittsburgh had the necessary support from Harrisburg to exit Act 47,” Secretary Davin said. “I’m extremely proud of our team and everyone here in the city who worked with energy, focus, and determination to get us to this point today.”Since 2015, five municipalities, including Pittsburgh, have recovered from distressed status. Others include Altoona, Blair County, Plymouth, Luzerne County; Nanticoke, Luzerne County; and Clairton, Allegheny County.The Municipalities Financial Recovery Act, Act 47 of 1987, was enacted to provide a broad-based program of fiscal management oversight, technical assistance, planning and financial aid to municipalities experiencing severe fiscal distress.For more information on Act 47, visit the Governor’s Center for Local Government Services at the Department of Community and Economic Development. February 12, 2018center_img SHARE Email Facebook Twitterlast_img read more

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Dodgers to cut employees salaries starting June 1

first_img Fire danger is on Dave Roberts’ mind as Dodgers head to San Francisco Newsroom GuidelinesNews TipsContact UsReport an Error Related Articles How Dodgers pitcher Ross Stripling topped the baseball podcast empire The Dodgers will institute pay cuts for their employees making over $75,000 a year starting on June 1, which will allow the organization to avoid any furloughs or layoffs, a source confirmed.ESPN reported that employees were told of the plan during a Zoom call on Tuesday afternoon.The tiered pay cuts would reportedly be the greatest for those employees with the highest salaries, as much as 35 percent.The Dodgers’ decision comes a week after that the Angels were furloughing many in their baseball operations department, including many of their amateur scouts just before the draft.center_img Dodgers’ Max Muncy trying to work his way out of slow start Dodgers hit seven home runs, sweep Colorado Rockies Cody Bellinger homer gives Dodgers their first walkoff win of season last_img read more

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Lakers face elimination Friday night against the Nets

first_img Lakers, Clippers schedules set for first round of NBA playoffs Lakers practice early hoping to answer all questions Lance Stephenson is questionable with a sprained toe. He’s missed nine of the last 10 games.Looking back, the Lakers’ post-All-Star stretch has been filled with frustrating losses. When asked if road defeats to Memphis and Phoenix, as well as a home loss to the Clippers, stood out, Walton affirmed they were among the “more painful ones.” But Walton also said since the Lakers have dropped from contention, it’s been hard to quibble with the team’s professionalism in practice and film, if not the overall results.“I think they’ve done a nice job of being professional,” he said. “There’s nights when we’re throwing out our G League guys and we’re only playing LeBron a certain amount of minutes when he is playing and the guys are giving what they have. And I think that speaks to them and shows that they still care and they still want to win.” Trail Blazers beat Grizzlies in play-in, earn first-round series with the Lakers Related Articles Newsroom GuidelinesNews TipsContact UsReport an Errorcenter_img Trail Blazers, Grizzlies advance to NBA play-in game; Suns, Spurs see playoff dreams dashed How athletes protesting the national anthem has evolved over 17 years EL SEGUNDO — It’s been over for a long time. But after Friday night’s game, it could be officially finished.The Lakers (31-40), losers of 11 of their last 13 games, are facing elimination from the postseason against the Brooklyn Nets for tip-off at Staples Center. As of Friday morning, the team was 10½ games out of eighth place with 11 games to go.It’s been a given that the day would come. But to have it come March 22 might have been a lot sooner than even the most pessimistic fan would guess. Still, Coach Luke Walton insisted the elimination game didn’t change much about the Lakers’ current situation.“We obviously had goals of being in the playoffs this year,” he said. “But as far as that marker goes, what’s important for us is we come out tonight and play a certain way and try to win a basketball game and that’s it.” AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREUCLA alum Kenny Clark signs four-year contract extension with PackersAfter sitting out the previous game in Milwaukee with groin soreness, LeBron James will play. Even through the team’s slide down the standings, James has averaged 29.8 points, 9.0 assists, and 8.2 rebounds per game with 51.9 percent shooting.That hasn’t meant James has escaped criticism as the Lakers have fallen out of contention and beyond. In his last game against the Knicks, James had a particularly painful moment when his potential game-winning shot was blocked by Mario Hezonja.But the 34-year-old said that while he’ll miss the postseason for the first time since 2005 – and while the Lakers are reducing his minutes – it hasn’t damaged his enthusiasm for games.“This is our job,” he said. “And I think playing the game for me personally, playing the game that I love to play is always fun. And you still get an opportunity to compete. I love to compete, so no matter if we are out of the playoffs, in the playoffs or whatever the case may be, to go out and compete versus another team and compete versus other guys, that’s what gets me going every day.”The Lakers will face elimination without Josh Hart, who is out with knee soreness as he consults with doctors on his options about his lingering tendinitis. The possibility remains open that he could join fellow teammates Brandon Ingram (shoulder surgery) and Lonzo Ball (sprained ankle) on the shelf for the rest of the season.last_img read more

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Red Bull Cliff Diving promotes Mostar around the Globe!

first_imgThe Red Bull Cliff Diving World Championship 2016 competition held this Saturday in Mostar was a true sport spectacle.With a whole load of attractive dives, exciting competition and great fun, this event brought new twists in the championship, only two stops before the end. This was also a great opportunity for promotion of Mostar and Bosnia and Herzegovina.Seventh stop of the season on the Old Bridge brought a lot of excitement and unexpected happenings. Before 20.000 spectators, Michal Navratil was the best diver from the height of 27.5 meters, while Lyssane Richard won in the women competition from 21.5 meters of height.Competition in Mostar was broadcasted live on Red Bull TV, thus viewers from all around the globe could watch it, and recordings and news about this event are among top news in the world these days. Video with the best moments of the competition reached over two million views online in less than 48 hours, and it is very likely that it will exceed the number of seven million views, held by last year’s video from Mostar.Videos and recordings from Mostar were shared on social networks by the NBA star LeBron James, who wrote “Unbelievable, WOW!!” on his Twitter account and the famous rapper Jermaine Dupri, who shared the video on his Facebook profile.You can watch the recording of the competition on Red Bull TV and www.redbullcliffdiving.com.(Source: klix.ba)last_img read more

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