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NEWS
July 22, 2013 | By Susan FitzGerald, For The Inquirer
Jaimee Drakewood hurried in from the rain, eager to get to her final appointment at Children's Hospital of Philadelphia. Ever since her birth 23 years ago, a team of researchers has been tracking every aspect of her development - gauging her progress as an infant, measuring her IQ as a preschooler, even peering into her adolescent brain using an MRI machine. Now, after nearly a quarter century, the federally funded study was ending, and the question the researchers had been asking was answered.
NEWS
July 2, 2013 | BY REGINA MEDINA, Daily News Staff Writer medinar@phillynews.com, 215-854-5985
IS HALF A LOAF enough to save school programs and thousands of education jobs in Philadelphia? State lawmakers and Gov. Corbett cobbled together a patchwork bailout for the Philadelphia school district that's less than half of its $304 million budget gap for the coming school year, which doesn't fully address its long-term problems. Here's what they did do as darkness fell on Harrisburg:   Q. How much money will Philly receive after Gov. Corbett's rescue package? A. The rescue package - including funding in the state budget signed shortly after 10 p.m. by Corbett and other actions - totals more than $140 million for next year.
NEWS
May 28, 2015
WE KNEW we were being naïve when we imagined that City Council would come back from the last week's campaigning and roll up its sleeves to address the hard issues of school funding in Philadelphia. Any one of the issues would have been fine: how to come up with the $105 million the district requested of the city, how to fill the $85 million deficit, the erosion of essentials like school nurses and books, or maybe the discouraging disparity - 33 percent, according to a recent study - between funding for rich districts vs. poor ones like ours.
NEWS
April 12, 2011 | By Andrew Taylor, Associated Press
WASHINGTON - A close look at the government shutdown-dodging agreement to cut federal spending by more than $38 billion reveals that lawmakers significantly eased the fiscal pain by pruning money left over from previous years, using accounting sleight of hand, and going after programs President Obama had targeted anyway. Such moves permitted Obama to save favorite programs - Pell grants for poor college students, health research, and "Race to the Top" aid for public schools, among others - from Republican knives.
NEWS
September 18, 2011 | By Monica Yant Kinney, Inquirer Columnist
Barbara Trent has been a teacher for 42 years, including 23 spent corralling cute kindergartners at Cook-Wissahickon Elementary. To see her in action, a lone adult surrounded by scamps, is to be rendered instantly exhausted. Especially this fall, as schools like Cook contend with Gov. Corbett's budget cuts and the institutional chaos of the Philadelphia School District. "I had 17 students last year," Trent said wistfully last week when I popped into her remarkably controlled classroom.
NEWS
September 12, 1990 | By Burr Van Atta, Inquirer Staff Writer
Panic threatened for a time last week when members of the Northeast Philadelphia Cultural Council learned that no money had been allocated in the state's capital budget for work on the Furey Ellis Building, one of the newer structures on the grounds of the now-closed Philadelphia State Hospital. Their concerns were heightened when spokesmen for the Department of General Services, the state agency responsible for the hospital's buildings and grounds, reported that funding for Furey Ellis had been removed from the budget.
NEWS
July 21, 2004
AS A union representative for SEPTA's locomotive engineers, I applaud the Daily News editorial support for full dedicated funding for SEPTA. Although dedicated funding enjoys strong bipartisan support from legislators in this five-county region, yes votes will also be necessary from those who are not normally sympathetic to the needs of Philadelphia or SEPTA. In order to win their support, several pervasive SEPTA "myths" need to be aggressively countered with the facts. SEPTA is not a bloated bureaucracy that would misspend any dedicated funding increases.
NEWS
June 3, 1990 | By Laurie Hollman, Inquirer Staff Writer Inquirer Staff Writer Robert Zausner contributed to this report
The debate was heated, the stakes high, the question agonizingly familiar: Would SEPTA raise fares? When a majority of the SEPTA board voted yes recently, the decision was predicated on an expectation that next year, things would be different. Next year, state politicians would set aside a predictable and secure funding base for SEPTA, so it could avoid the further decay of its system or the frustrating budget dilemmas of this spring. Only one problem with that expectation: Some of the state's leading politicians have yet to promise they will try to make it come true.
NEWS
June 14, 1987 | By Chris Hand, Special to The Inquirer
If the local business community comes through with funding, the more than 3,000 school-age children in Voorhees Township may get a new playground. The Voorhees Township Committee last Monday agreed to provide the Osage Parent Faculty group with $5,000 toward the purchase of the playground, which would be next door to the Osage Elementary School on Burnt Mill Road. The design of the playground would be similar to one constructed at the Clara Barton school in Cherry Hill last year, according Linda Nichols, a member of the parent-teacher group.
SPORTS
January 27, 1998 | by Edward Moran, Daily News Sports Writer
Under the threat of losing their baseball team, Allegheny County officials are close to completing a plan to provide public funding for new stadiums for the Pittsburgh Pirates and Steelers. The plan, which could be announced as early as next week, would not only provide a local contribution for the two stadium-starved teams; it would trigger a promise by Gov. Ridge to kick in the state's portion of the funding and provide a blueprint to a solution for the Phillies and Eagles. Only the state's contribution would be left to complete the financing mix of local, state and private sources that a governor's task force has said would be necessary to fund stadium construction in Pennsylvania.
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ARTICLES BY DATE
NEWS
August 19, 2016 | By Allison Steele, Staff Writer
This fall, children who join the Camden Youth Soccer Club will have two fields to play on, twice as many as last year. For $5, they will get uniforms, shin guards, socks, and 10 weeks of Saturday games and practices. More than 100 new players will be part of the action. The league's expansion is the first step taken by the newly formed Camden Health and Athletic Association (CHAA), a youth sports nonprofit launched in June by representatives of the Cooper Foundation, the charitable arm of Cooper University Health Care.
NEWS
August 19, 2016 | By Andrew Seidman, TRENTON BUREAU
Workers who have been out of a job for as long as two months because of a political impasse in Trenton are fanning out across the state to ramp up pressure on lawmakers to replenish funding for roads and bridges. New Jersey members of the Laborers International Union of North America made stops Wednesday in Camden and Gloucester Counties, holding rallies outside the offices of State Sens. Jim Beach and Fred Madden, both Democrats. Outside Beach's Cherry Hill district office Wednesday morning, a few dozen laid-off construction workers chanted: "What do we want?"
NEWS
August 18, 2016 | By Claudia Vargas, Staff Writer
Former Mayor Michael Nutter called City Controller Alan Butkovitz "a liar, a snake, and a hypocrite" Tuesday in response to a controller's report that more than $380,000 in Philadelphia Marathon proceeds were used as a "slush fund" under Nutter's watch. The report, released Tuesday, said the money was used in part for unapproved grants, a trip to Rome by Nutter and his staff, and an open-bar reception last year. The spending was approved solely by the chairwoman of the fund at the time, former City Representative Desiree Peterkin Bell, according to Butkovitz, with no oversight by the fund's board of directors, effectively circumventing the board's policies and control checks.
BUSINESS
August 16, 2016 | By Erin E. Arvedlund, Staff Writer
A sampling of crowdfunded IPOs and the portals those companies are using to raise money. In order by target funding amount.                                  Target funding Issuer                                 amount          Funding portal Allen Hydro Energy Corp.            $50,000         UFP L.L.C. Treycent Inc.                        $60,000         Jumpstart Micro Inc. SharkStopper, Inc.                     $70,000         Flashfunders Securities L.L.C.
BUSINESS
August 16, 2016 | By Joseph N. DiStefano, Staff Writer
New Jersey's generous but underfunded public pension system bought billions of dollars' worth of hedge funds in the years after other states began having second thoughts about the risky, high-fee funds. Now it's getting out, also late. Pennsylvania invested billions and laid out hundreds of millions of dollars for hedge-fund fees, starting in the early 2000s. It was a hedge-fund pioneer. "I was open-minded," then-state workers' pension system (SERS) chairman Nicholas Maiale recalled, when he stepped down from the job after Gov. Tom Corbett declined to reappoint him in 2013.
NEWS
August 10, 2016 | By Grace Toohey, Staff Writer
When Pennsylvania's auditor general released a report last week highlighting what he called a lack of state oversight of millions of dollars in lease reimbursements for charter schools, his message wasn't exactly new. Some of the data cited by Auditor General Eugene DePasquale mirrored an identical warning he issued in 2013. But that was partly the point. Three years had passed, DePasquale said, and the state had done nothing to address the issue, possibly paving the way for millions of dollars in wasteful, if not improper, spending.
BUSINESS
August 9, 2016 | By Erin E. Arvedlund, Staff Writer
Shareholder activists are again circling Hill International Inc., the Philadelphia-based construction-management company that built the Comcast Center. On Thursday, Hill International will hold its annual meeting to address, among other things, a vote on whether the publicly held company (symbol: HIL) should nominate three new outside directors. For the second year in a row, Bulldog Investors, an activist hedge fund based in Saddle Brook, N.J., has nominated outsiders for posts on the Hill board.
NEWS
August 8, 2016
Marybeth Hagan is a writer in Merion Station The balloons have fallen and Democratic National Conventioneers went their merry ways. Yet one recurring theme of that Philadelphia political event left me uneasy. Democrats seem dead set on being the party that celebrates abortion and bills taxpayers for it. While some convention speakers spoke of abortion as "reproductive health care," others openly crowed the word. Ilyse Hogue, NARAL Pro-Choice America's president, took that verbalization one step further and talked about her abortion years ago. "I wanted a family, but it was the wrong time," Hogue said.
NEWS
August 6, 2016 | By Maddie Hanna, TRENTON BUREAU
TRENTON - Without a resolution to a transportation funding stalemate, Senate President Stephen Sweeney said Thursday that he remained opposed to calling a vote on a proposed constitutional amendment that would require the state to make bigger payments into its pension system. Sweeney (D., Gloucester) did not explicitly rule out posting the amendment Monday - the deadline for a vote on the measure, which public-sector unions are calling for, to get on the November ballot. But Sweeney said he would not support the amendment before reaching a deal to replenish the depleted Transportation Trust Fund.
NEWS
August 5, 2016 | By Andrew Maykuth, STAFF WRITER
Sunoco Logistics Partners L.P. of Newtown Square and its parent company, Energy Transfer Partners L.P., say they have sold a 36.75 percent share of the Bakken Pipeline Project for $2 billion to MarEn Bakken Company L.L.C., an entity jointly owned by Enbridge Energy Partners L.P. and Marathon Petroleum Corp. In an announcement after financial markets closed Tuesday, the project owners also said that a syndicate of financial institutions agreed to provide $2.5 billion in financing for the pipeline, which will deliver North Dakota crude oil to terminals in Illinois and Texas when it is completed late this year.
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