Firm sees $85 million in Philadelphia savings

Nutter: Wants wage-tax cuts
Nutter: Wants wage-tax cuts
Nutter: Wants wage-tax cutsGALLERY: Nutter: Wants wage-tax cuts
Posted: February 28, 2013

AN OUTSIDE consultant hired by the city has identified at least $85 million in potential savings and revenue that the city can realize over the next five years without cutting jobs or raising taxes, Mayor Nutter said Tuesday at his annual address to the Greater Philadelphia Chamber of Commerce.

Much of the money would come from improved collection of fees such as for emergency medical transports and commercial trash pickup, which in Philly are collected at rates below industry standards.

FTI Consulting conducted the study and will get $200,000 from the city, plus up to $700,000 more if recommended savings are realized, mayoral spokesman Mark McDonald said.

One recommendation that the mayor is already adopting is the creation of a chief revenue-collections officer in the Finance Department to coordinate collection tasks now spread out among many people.

In his speech, the mayor also laid out a broad plan for economic development in the city, touching on everything from the continued expansion of the Navy Yard business hub to the need for better schools to the promotion of minority-owned businesses. He highlighted areas where he wants to see more development, such as North Broad Street, the Market Street East corridor and the riverfronts.

He was applauded by the hundreds of business folks after he said he wanted to reintroduce wage-tax cuts that were frozen during the recession and again when he said that privatizing Philadelphia Gas Works was a priority for his administration.


On Twitter: @SeanWalshDN

Blog: PhillyClout.com

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