Title
Resolution authorizing the Mayor, the Director of the Office of Management and Budget, and the Director of Finance to, on behalf of the City of Pittsburgh, take appropriate and necessary actions to negotiate and secure lines of credit for the purpose of maintaining and supporting continuous operations during and immediately after the COVID-19 pandemic.
Body
WHEREAS, in line with City of Pittsburgh Code ?113.03 and the Pennsylvania Emergency Management Services Code, 35 Pa. C.S. ??7101 et seq., on March 13, 2020, the Mayor of the City of Pittsburgh issued a Declaration of Emergency in response to the COVID-19 pandemic; and
WHEREAS, the City of Pittsburgh is obligated - to the greatest degree practicable - to maintain continuous operations and delivery of municipal services during the COVID-19 pandemic; and
WHEREAS, the uninterrupted provision of municipal services is integral to coordinated, multi-faceted public health efforts to limit, contain, and combat the spread of the COVID-19 pandemic; and
WHEREAS, it's incumbent upon the City of Pittsburgh to preserve its fiscal state during and immediately after the COVID-19 pandemic to ensure continuous operations and delivery of services and thus must seek to finance and / or defray certain operating expenditures; and
WHEREAS, according to the City of Pittsburgh's 2020 Operating Budget, personnel-related expenditures including salaries and employee benefits such as healthcare, workers' compensation benefits, pension benefits, and retiree benefits that reflect a municipal workforce of hundreds of public sector employees account for $448,315,663, which is almost 74% of total expenditures for which the City of Pittsburgh has budgeted for 2020; and
WHEREAS, the pandemic has had financially-devastating effects on both the public and private sector through the combination of loss in consumer spending, and the implementation of necessary social distancing measures; and
WHEREAS, the COVID-19 pandemic will severel...
Click here for full text