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Prior to COVID-19, and despite a strong economy, the PA Independent Fiscal Office’s Nov. 2019 report found that PA was already running a half-billion dollar deficit at the end of 2019 and that they would need almost $1 billion to balance its budget for the upcoming fiscal year.
The guidance we are requesting from Treasury will ensure local governments get the funding they need and the state and local governments have the flexibility to use already appropriated federal money to help mitigate the revenue impacts brought about by COVID-19.
It will also ensure the Trump administration and state legislatures can play a critical oversight role in the effective and appropriate distribution of these dollars.
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