A new report credits Allegheny County cost saving measures, a healthy fund balance, and Cares Act funding with helping the county end the year close to breaking even.
Controller Chelsa Wagner's report says the pandemic cost the county more than $50 million in revenue as of June 30th, but expenditures dropped by $42 million.
Property tax revenue has remained fairly stable and Cares Act funding has offset losses by the Port Authority. However the county drink and vehicle rental tax revenue is off about 50 percent.
So far, the county has distributed $70 million of $212 million in Cares Act money it received.
Wagner also credits the county's fund balance built up over the past decade. Wagner is concerned about state revenue declines and future public transit revenue sharing.
She is concerned about state revenue declines and future public transit revenue sharing.
In contrast the city of Pittsburgh, which is more dependent of income and user taxes and fees, expects a budget deficit of around 80 million dollars this year.
