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Michael Masch

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NEWS
December 8, 2011
T O RACHEL FALKOVE: I appreciate your apology to Philadelphia for the lack of attention paid to your tax bill. I do not appreciate your excuse (although you call the issue inexcusable), that it was you and not your husband who takes care of things and, thus, not his fault. I work for the IRS. As part of my employment, I must file my taxes promptly each year. If I fail to do so, on the first offense I will be called on the carpet with the potential of being fired. That's part of the responsibility of working for the company that collects taxes from the masses of the United States.
NEWS
January 11, 2003 | By Amy Worden INQUIRER HARRISBURG BUREAU
Gov.-elect Ed Rendell yesterday selected Michael Masch, the budget expert he credits with rescuing Philadelphia from financial ruin nearly a decade ago, to help the state solve its own financial problems. Masch, a University of Pennsylvania administrator and member of Philadelphia's School Reform Commission, was budget director during Rendell's first term as mayor, and will become his budget secretary at a time when the state is expected to face a budget deficit that could be more than $1 billion.
NEWS
January 25, 1994 | By Vernon Loeb, INQUIRER STAFF WRITER
Michael Masch had barely settled into his job as the city's chief budget technician two years ago when Mayor Rendell started badgering him with what should have been a simple question. "How are we doing?" the mayor wanted to know. It was, at the time, a polite way of asking, How deep is this hole we're in? And how bad is it going to be at the end of the year? Being new, Masch didn't have a clue. So he checked with members of his staff. And they didn't have a clue. "It was then that I realized this job was going to be harder than I had anticipated," Masch, 43, said last week in an interview.
NEWS
April 20, 2015 | Tricia L. Nadolny, Inquirer Staff Writer
They want to fund the city's schools, yet every mayoral candidate bashes Mayor Nutter's solution - a property-tax increase. Nutter, in turn, calls their ideas "bogus," from suing the state over school aid (Lynne Abraham), to asking private funders to chip in (Anthony Hardy Williams), to capitalizing on the liquor tax by keeping bars open later (Nelson Diaz, Doug Oliver). And he's cool to the City Council president's call for selling off commercial tax liens. Maybe they should keep brainstorming.
NEWS
May 21, 2011
The Philadelphia School District has scheduled an additional community meeting next week on its proposed $2.7 billion budget for 2011-12 that will provide a special focus on charter schools. The session will be held from 7 to 9 p.m. Wednesday at Imhotep Institute Charter High School, 6201 N. 21st St. Imhotep is one of 74 charter schools in the city. Michael Masch, the district's chief financial officer, will outline the proposed budget, then answer questions and respond to comments from the audience.
NEWS
May 20, 2011
The Philadelphia School District announced today that it has added a community meeting next week on the proposed $2.7 billion budget for 2011-12 that will provide a special focus on charter schools. The session will be held Wednesday, from 7 to 9 p.m. at Imhotep Institute Charter School, 6201 N. 21st St. Imhotep is one of 74 charter schools operating in the city. Michael Masch, the district's chief financial officer, will outline the proposed budget and then answer questions and respond to comments from the audience.
NEWS
March 25, 2010 | By Martha Woodall INQUIRER STAFF WRITER
The Philadelphia School Reform Commission yesterday adopted a "lump-sum" operating budget of $2.4 billion for the fiscal year beginning July 1. The current year's budget totals $2.3 billion. The action, required by the City Charter, was just the first step in the budget process. Details of the district's spending plans will be revealed when the budget is proposed at the commission's meeting April 21. A budget must be adopted by May 31. The $2.4 billion is "our best estimate from the knowledge we currently have of the level of revenues we are likely to receive," chief business officer Michael Masch said.
NEWS
February 7, 2002
More kudos for Masch I write in response to the recent revelation that Michael Masch, former city budget director, vice president of budget and management at the University of Pennsylvania, and one of the mayor's appointees to the Philadelphia School Reform Commission, does not hold a bachelor's degree (article Jan. 30). Given my experience as a student of Mr. Masch, I was surprised that he does not hold a college degree. What I was not surprised about was the simultaneous revelation that at no time did he ever mislead anyone as to his academic record.
NEWS
January 16, 2013 | BY REGINA MEDINA, Daily News Staff Writer medinar@phillynews.com, 215-854-5985
MICHAEL MASCH, the former chief financial officer for the Philadelphia School District, was named Monday as vice president for finance and chief finanical officer at Manhattan College. His shaky four-year tenure with the district basically ended last January, when Masch was stripped of his CFO title by the School Reform Commission. The SRC put former PGW executive Thomas Knudsen in charge of district finances, naming him chief recovery officer. Masch left the district four months later.
NEWS
August 26, 2010 | By DAFNEY TALES, talesd@phillynews.com 215-854-5084
The city controller, in an audit released yesterday, criticized the Philadelphia School District for misplacing thousands of dollars' worth of property. But the district pointed out that only an extremely small amount of district materials was unaccounted for, showing that it actually demonstrates sound management. Auditors, who conducted the report for fiscal year 2009, included a sample of 50 items from seven schools and found items missing at each school. Of the items, 60 percent, worth up to $50,000, could not be located, according to the report.
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ARTICLES BY DATE
NEWS
April 20, 2015 | Tricia L. Nadolny, Inquirer Staff Writer
They want to fund the city's schools, yet every mayoral candidate bashes Mayor Nutter's solution - a property-tax increase. Nutter, in turn, calls their ideas "bogus," from suing the state over school aid (Lynne Abraham), to asking private funders to chip in (Anthony Hardy Williams), to capitalizing on the liquor tax by keeping bars open later (Nelson Diaz, Doug Oliver). And he's cool to the City Council president's call for selling off commercial tax liens. Maybe they should keep brainstorming.
NEWS
October 11, 2014 | By Susan Snyder, Inquirer Staff Writer
When he became principal of Lingelbach School this year, Marc Gosselin was stunned to learn that the 374-student school's budget for supplies this year was a meager $160. "As a new principal, I couldn't even send a letter to parents introducing myself," he said, "because I couldn't buy stamps. " On Tuesday, Gosselin and other principals around the district learned that his school was in line for a cash infusion - and right away - as a result of the district's decision Monday to cancel the teachers union contract and require teachers to pay more toward their health insurance.
NEWS
March 3, 2014
It is tempting if one lives, plays, or works amid the skyscrapers, apartments, and buzzy restaurants of white-hot Center City, to think that all is gangbusters in the nation's fifth-largest city. Redevelopment has reignited downtown Philadelphia as a destination for the urbane and upwardly mobile. This energy has helped rejuvenate such once-fallow surrounding enclaves as Northern Liberties, Fishtown, Fairmount, Graduate, and others. Carving out more bike lanes and high-end retail are among the wish-list items discussed among the tens of thousands of old-timers and newcomers whose high incomes and lifestyle aspirations have drawn big investment to these pricey zip codes and helped reverse some of the city's decades-long population loss.
NEWS
May 3, 2013
By Ryan Schumm The lead singer is new this year, but the back-up band is familiar. The stage is identical, and the songs are mostly covers. At the recent budget concert, Superintendent William Hite performed the greatest hits of Thomas Knudson, Arlene Ackerman, and countless other Philadelphia School District (PSD) headliners. The title track of the latest PSD album, "Catastrophic," borrows the tune of Knudson's classic 2012 hit, "Dire. " And no doubt fans immediately recognized the refrain from "Unprecedented," the 2011 ballad from budget guy Michael Masch.
NEWS
April 3, 2013
GOTTA GIVE credit where credit is due. I attended my first AVI information meeting, which the city set up in my neighborhood of Packer Park, South Philly. I found the meeting to be more of an aid for filing protest forms against the tax hike, but what got my attention was the fact that Councilman Kenyatta Johnson was present and how he addressed those in attendence. Unlike other politicians, he didn't make any promises that he could not fulfill. He didn't try and make us believe that what's happening was a good thing (as a matter of fact, he is against the AVI)
NEWS
January 16, 2013 | BY REGINA MEDINA, Daily News Staff Writer medinar@phillynews.com, 215-854-5985
MICHAEL MASCH, the former chief financial officer for the Philadelphia School District, was named Monday as vice president for finance and chief finanical officer at Manhattan College. His shaky four-year tenure with the district basically ended last January, when Masch was stripped of his CFO title by the School Reform Commission. The SRC put former PGW executive Thomas Knudsen in charge of district finances, naming him chief recovery officer. Masch left the district four months later.
NEWS
June 1, 2012
I almost choked on my coffee while reading Councilman Dennis O'Brien's article ("Schools don't need a $capegoat") defending Michael Masch. How can he say that the district ended up with surplus money in 2009, 2010 and 2011, and just now in 2012 say that Mr. Masch predicted financial trouble? Wasn't he the chief financial officer when Dr. Ackerman used one-time stimulus money to fund her five-year 2014 initative? How can you say that we had a surplus when at my children's school (FitzPatrick Elementary)
NEWS
May 31, 2012 | By Councilman Dennis O'Brien
WHY ARE Philadelphia's public schools in a financial crisis? With former superintendent Arlene Ackerman gone and the school district's budget problems worse than ever, some people appear to be looking for a new scapegoat and think they've found one in Michael Masch, former School District of Philadelphia chief financial officer.   That certainly appears to be the view of city Controller Alan Butkovitz, who just last week told the Inquirer: ". . . Masch was put at the schools for the very purpose of providing independent financial control and to make sure the school district stayed within their spending limits.
NEWS
May 13, 2012 | By Jeff Gammage and Martha Woodall, Inquirer Staff Writers
Philadelphia's city controller offered a three-word sentiment on the impending departure of the School District's financial expert: It's about time. "Michael Masch was put at the schools for the very purpose of providing independent financial control and to make sure the School District stayed within their spending limits. He failed," Controller Alan Butkovitz said in an interview Friday. Masch, a former budget secretary under Gov. Ed Rendell, was on watch during the district's march to financial ruin, though his responsibility for its problems remains a subject of debate.
NEWS
May 12, 2012 | By Maria Panaritis and Kristen A. Graham, Inquirer Staff Writers
Michael Masch, the financial guru backed by ex-Gov. Rendell who was sidelined as chief financial officer of the beleaguered Philadelphia School District earlier this year when the School Reform Commission overhauled its leadership structure, will leave his job in three weeks, officials said Thursday night. News of Masch's imminent departure was made public at a school budget meeting between district officials and community members at West Philadelphia High School, during a question-and-answer volley between a parent and SRC Chairman Pedro Ramos.
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