April 7, 1991 |
In West Philadelphia, Initial USA closed its commercial laundry last month because demand for its tablecloth and uniform service had plummeted. Gone: 146 jobs. In Center City, LTK Consulting Services Inc. packed up its engineering- design offices earlier this year and became the first tenant in a new office complex in Blue Bell. Gone: 35 jobs. In South Philadelphia, the Pac-Tec division of LaFrance Corp. will shut down its plastics manufacturing operation in the next 60 days, sell its building and relocate to Sarasota, Fla. Gone: 75 jobs.
October 29, 2008 |
Thirty-one Camden City positions would be eliminated, and residents would see reductions in a range of services, from garbage removal to demolition of abandoned houses, under a budget proposed to City Council last night. All City Hall departments will face 20 percent funding and workforce cuts, and the Police and Fire Departments will make 20 percent reductions in overtime under the $172.4 million budget for the fiscal year, which began in July. Last year's budget was $178 million.
January 24, 1996 |
The message was twofold: Philadelphians should feel good about the city's financial recovery, but they should also brace for a wave of misery from federal spending cuts. In his annual budget message yesterday, Mayor Rendell pledged to keep city services at current levels, to cut wage and business taxes slightly, to avoid layoffs among city workers, and to put more money into child-welfare services. At the same time, he warned that federal cuts could cause hardships for thousands of needy Philadelphians - and leave the city powerless to help them.
September 21, 2008 |
Even in the best of times, there is little wiggle room in Philadelphia's lean and unforgiving municipal budget. And these are not the best of times. Two weeks ago, the administration estimated that the sluggish economy had already put a $450 million hole in Mayor Nutter's five-year financial plan, and that was before the federal government felt it had to rescue some of the nation's biggest financial institutions. Experts say it is hard to predict how big an effect the market meltdown and faltering economy will have on City Hall's revenue, but most expect it will be more than enough to require substantial service cuts and possibly a rollback on planned tax reductions.
July 30, 2013 |
Now that Detroit has filed for bankruptcy, will other financially challenged big cities follow Motown to U.S. Bankruptcy Court to escape some of what they owe? Maybe, but Philadelphia is unlikely to be one of them. Michigan officials wanted their biggest city to go bankrupt. They expect this will enable the city to trim what it has to pay investors who own city bonds, retired police who collect city pensions, and other creditors. "Michigan's antipathy for bondholders is startling," said Matt Fabian, managing director of Massachusetts-based Municipal Market Advisors.
February 3, 2012 |
WHEN HE WAS 13, Rich Negrin saw his Cuban-activist father gunned down by anti-Castro terrorists. He held him as he died, kneeling in the street covered with his father's blood. After he became a father himself, Negrin watched his 5-year-old daughter die in 2006 after a lifelong battle with an incurable neuromuscular disease that devastated her ability to breathe. Every day, the memory of his father and his daughter inspires the city's powerful managing director to reach out to its least powerful residents, and try to help.
January 19, 2013 |
Happy Craven Fernandez, 74, former Philadelphia city councilwoman, community activist and college president, died Saturday of complications from a stroke at Penn Hospice at Rittenhouse. Dr. Fernandez underwent successful lung surgery Jan. 10, but suffered the stroke moments before being released from a hospital on Jan. 13. Her family reported Saturday that she died peacefully. "We are all so sad, but can smile when we think of the great days together and the great contributions she made over the years," her family emailed friends.Born Gladys Vivian Craven in 1939, the Omaha, Neb., native combined a folksy Midwestern nickname with her married surname to create the unforgettable moniker, Happy Fernandez.
September 27, 2013 |
The University of Pennsylvania, with its Ivy League pedigree and large health system, is one of the nation's most prestigious colleges and is Philadelphia's largest private employer. With a $6 billion-plus budget, a $7.7 billion endowment, and a recently completed $4.3 billion fund-raising campaign, it's also arguably wealthy. But Penn, like other nonprofits in the city, is largely exempt from paying property taxes on its West Philadelphia campus. The Philadelphia School District's financial crisis has yielded a renewed cry from some corners for Penn, Drexel and La Salle Universities, and other colleges and nonprofits to make payments to the city - known as Payment in Lieu of Taxes, or PILOTs - as they did when Ed Rendell was mayor and the city needed every penny.
March 2, 1993 |
Barry Manns tries to coax a passer-by near City Hall to sign a petition by an organization of labor unions and community groups that is seeking a rejection of the mayor's proposed budget on grounds that it would unnecessarily cut city services.
March 13, 1986
Whenever the appropriateness of subjecting suburban commuters to the Philadelphia wage tax is questioned, the city's representatives argue that it is only fair that suburban commuters should shoulder a portion of this tax burden, since they benefit from city services paid for by this tax revenue. A very substantial portion of wage tax revenues is collected from suburban commuters. Now Roger Tauss, president of Transport Workers Union Local 234, is saying in effect that it is inappropriate for some of this tax revenue to be spent on commuter rail transportation, which is the single most important of these city services to suburban commuters.