Public hearing on Pittsburgh's finances rescheduled for Thursday
A public hearing to determine whether Pittsburgh should be partially released from state financial oversight has been rescheduled for Thursday.
The state postponed the hearing last week after the governor declared a state of emergency because of the impending arrival of Hurricane Sandy.
The Act 47 team recommended that the city be released from oversight after nearly nine years because it has slashed its debt and found ways to fund its pension system and long-term costs such as retiree health care.
The hearing starts at 3 p.m. in City Council Chambers at the City-County Building on Grant Street, Downtown. People wanting to comment can register at the hearing. Written testimony also may be submitted.
The Intergovernmental Cooperation Authority, the city's other state financial overseer, will remain in place for the time being to help Pittsburgh keep its costs down and raise its annual revenue.
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments â either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.