Treasury authorizes $1.8 billion line of credit to state's General Fund

Treasury authorizes $1.8 billion line of credit to state's General Fund

State Treasurer Joe Torsella announced Friday that he has authorized a $1.8 billion line of credit from the Treasury’s Short Term Investment Pool (STIP) to the state General Fund.

The line of credit is to be paid back on or before April 2, 2018 at a variable interest rate equal to the SiFMA Swap Index Yield, according to a statement by Treasurer Torsella. 

Friday, October 27, 2017/Author: Alanna Koll
Categories: News and Views
Telepsychiatry could be the mental health medium for rural Pennsylvania

Telepsychiatry could be the mental health medium for rural Pennsylvania

In an effort to curb the opioid crisis in Pennsylvania, telemedicine in psychiatry, commonly referred to as telepsychiatry, is being popularized in rural Pennsylvania, where treatment centers and clinics are not easily accessible.   

Friday, October 27, 2017/Author: Robert Cochran
Categories: News and Views
New Media Campaign launched to help Pennsylvanians understand new health insurance options

New Media Campaign launched to help Pennsylvanians understand new health insurance options

On Thursday afternoon, Acting Insurance Commissioner Jessica Altman announced a new media campaign that has been created to help Pennsylvanians understand new health insurance options during open enrollment, which is now November 1 through December 15th.

Thursday, October 26, 2017/Author: Kara Barmoy
Categories: Video
While passing affordability measures, PWSA plans to raise rates to fund infrastructure spending

While passing affordability measures, PWSA plans to raise rates to fund infrastructure spending

The Pittsburgh Water and Sewer Authority attempted to reconcile the competing demands of affordability and improvement at its bi-weekly board meeting Thursday morning.

 

To meet an order from the Pennsylvania Department of Environmental Protection, the PWSA board passed a resolution for emergency procurement of resources to execute three new infrastructure projects. The projects include upgrades to an older reservoir due to concerns that holes in the cover could lead to contamination from animal droppings.  Those concerns led to a precautionary boil advisory for 18,000 homes in August. 

Thursday, October 26, 2017/Author: Stephen Caruso
Categories: Pittsburgh
Full slate of budget-balancing bills await Gov. Wolf’s action

Full slate of budget-balancing bills await Gov. Wolf’s action

It took almost four months beyond the traditional June 30 deadline, but House lawmakers on Thursday wrapped up sending a full slate of budget-balancing bills to Gov. Tom Wolf’s desk in what is likely their last best effort to end the FY 2017-2018 budget process.

Thursday, October 26, 2017/Author: Jason Gottesman
Categories: News and Views
RSS
First6789101112131415Last