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Mar 8, 2012

Philly.com News: City budget 2012-2013: Spending up to fund pensions, debt

Philly.com News
News from the Inquirer and Daily News.
City budget 2012-2013: Spending up to fund pensions, debt
Mar 8th 2012, 15:47

Mayor Nutter's budget proposal for the year starting July 1 calls for roughly $100 million in new city spending, but most of it will be invisible to the public, disappearing in increased payments to the city pension fund and debt service.

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