We Are Failing Basic Math
41% of Pennsylvanians live in a municipality that is financially distressed.
Fix The Numbers
66 of Pennsylvania’s 67 counties have at least one municipality with a pension plan under a high level of financial stress.
This is how York’s numbers add up. Seem fair?
Fix The Numbers
The single biggest threat to fiscal stability for many municipalities in Pennsylvania is the escalating pension costs associated with uniformed personnel contracts. PA’s statewide unfunded liability is nearly $8 billion.
Who should be tax exempt? That’s the question facing Pennsylvanians today.
45 other states provide a higher percentage of funding to their public schools than Pennsylvania.
It’s a fact. 41% of Pennsylvanians live in a municipality that is financially distressed.* What do these communities–and most PA municipalities–have in common?
First, the mounting costs of unsustainable public safety employee pensions–the most pressing problem by far.
Second, outdated binding arbitration law that handcuffs municipalities at the negotiating table and pushes them deeper into debt.
Third, an abundance of tax-exempt properties within their borders that use services, but pay no taxes.
Fourth, an unbalanced school funding formula that leaves some districts flush while others are forced to squeeze more out of the taxpayer.
As a state, we’re failing at basic math. Locked up in these disparities are much-needed road repairs, new police and fire hires, new equipment, higher education standards and lower taxes. It’s time to educate and advocate for taxpayer fairness.
It’s time to Fix the Numbers.
- 66 of Pennsylvania’s 67 counties have at least one municipality with a pension plan under a high level of financial stress.**
- Under current law, a municipality’s fiscal stability does not have to be considered when new police and fire contracts are awarded through binding arbitration.
- In Pennsylvania, at least 542 communities have a significant percentage of tax-exempt properties.
- 473 out of 500 Pennsylvania school districts are operating with insufficient resources.***