HOME





Pennsylvania Department Of Community And Economic Development
Pennsylvania Department of Community and Economic Development is a cabinet-level state agency in Pennsylvania. The mission of the department is to enhance investment opportunities for businesses and to improve the quality of life for residents. The department works to attract outside corporations, spur expansion of existing local employers, and foster start-ups by providing tax incentives and technical assistance. Additionally, the agency provides grant funding to community groups and local governments for projects such as revitalizing "Main Street" infrastructure, enhancing low income housing availability, or improving access to technology. Act 58 The department was created by the Community and Economic Development Enhancement Act ''(Act of Jun. 27, 1996, P.L. 403, No. 58)' merging the Departments of Commerce and of Community Affairs. The incumbent secretary of commerce, Thomas B. Hagen, became the first secretary of the new department Act 47 The Financially Distressed Municipal ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Government Of Pennsylvania
The Government of the Commonwealth of Pennsylvania is the governmental structure of the Commonwealth of Pennsylvania as established by the Pennsylvania Constitution. It is composed of three branches: Executive (government), executive, Legislature, legislative and Judiciary, judicial. The state capital of Pennsylvania is Harrisburg, Pennsylvania, Harrisburg. Executive branch The elected officers are: In Pennsylvania the term for all elected members of the executive branch is four years, with a maximum of two terms. All members of the executive branch are not on the ballot in the same year: elections for governor and lieutenant governor are held in even years when there is not a presidential election, while the other three statewide offices are elected in presidential election years. Departments The Governor's Cabinet comprises the directors of various Commonwealth agencies: * Pennsylvania Department of Community and Economic Development, Department of Community and Econom ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Rick Siger
Rick may refer to: People *Rick (given name), a list of people with the given name *Alan Rick (born 1976), Brazilian politician, journalist, pastor and television personality *Johannes Rick (1869–1946), Austrian-born Brazilian priest and mycologist; also his botanical author abbreviation *Marvin Rick (1901–1999), American middle-distance runner Units of measure *Rick, a quantity of firewood, related to a cord, in some parts of the US *Rick, a stack or pile of hay, grain or straw Other uses *Tropical Storm Rick (other) * ''Rick'' (film), a 2003 film starring Bill Pullman *RICK, stock ticker symbol for Rick's Cabaret International, Inc. See also *Richard (other) *Ricks (other) *Ricky (other) Ricky may refer to: Places * Říčky, a municipality and village in the Czech Republic *Říčky, a village and part of Orlické Podhůří in the Czech Republic * Říčky v Orlických horách, a municipality and village in the Czech Republic . ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Pennsylvania
Pennsylvania, officially the Commonwealth of Pennsylvania, is a U.S. state, state spanning the Mid-Atlantic (United States), Mid-Atlantic, Northeastern United States, Northeastern, Appalachian, and Great Lakes region, Great Lakes regions of the United States. It borders Delaware to its southeast, Maryland to its south, West Virginia to its southwest, Ohio and the Ohio River to its west, Lake Erie and New York (state), New York to its north, the Delaware River and New Jersey to its east, and the Provinces and territories of Canada, Canadian province of Ontario to its northwest via Lake Erie. Pennsylvania's most populous city is Philadelphia. Pennsylvania was founded in 1681 through a royal land grant to William Penn, the son of William Penn (Royal Navy officer), the state's namesake. Before that, between 1638 and 1655, a southeast portion of the state was part of New Sweden, a Swedish Empire, Swedish colony. Established as a haven for religious and political tolerance, the B ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Commonwealth Of Pennsylvania
Pennsylvania, officially the Commonwealth of Pennsylvania, is a state spanning the Mid-Atlantic, Northeastern, Appalachian, and Great Lakes regions of the United States. It borders Delaware to its southeast, Maryland to its south, West Virginia to its southwest, Ohio and the Ohio River to its west, Lake Erie and New York to its north, the Delaware River and New Jersey to its east, and the Canadian province of Ontario to its northwest via Lake Erie. Pennsylvania's most populous city is Philadelphia. Pennsylvania was founded in 1681 through a royal land grant to William Penn, the son of the state's namesake. Before that, between 1638 and 1655, a southeast portion of the state was part of New Sweden, a Swedish colony. Established as a haven for religious and political tolerance, the colonial-era Province of Pennsylvania was known for its relatively peaceful relations with native tribes, innovative government system, and religious pluralism. Pennsylvania later play ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Municipality
A municipality is usually a single administrative division having municipal corporation, corporate status and powers of self-government or jurisdiction as granted by national and regional laws to which it is subordinate. The term ''municipality'' may also mean the governing body of a given municipality. A municipality is a general-purpose administrative subdivision, as opposed to a special district (United States), special-purpose district. The English language, English word is derived from French language, French , which in turn derives from the Latin language, Latin , based on the word for social contract (), referring originally to the Latin communities that supplied Rome with troops in exchange for their own incorporation into the Roman state (granting Roman citizenship to the inhabitants) while permitting the communities to retain their own local governments (a limited autonomy). A municipality can be any political jurisdiction (area), jurisdiction, from a sovereign state s ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  




Financial Distress
Financial distress is a term in corporate finance used to indicate a condition when promises to creditors of a company are broken or honored with difficulty. If financial distress cannot be relieved, it can lead to bankruptcy. Financial distress is usually associated with some costs to the company; these are known as ''costs of financial distress''. Cost A common example of a cost of financial distress is bankruptcy costs. These direct costs include auditors' fees, legal fees, management fees and other payments. Cost of financial distress can occur even if bankruptcy is avoided ( indirect costs). Financial distress in companies requires management attention and might lead to reduced attention on the operations of the company. Another source of indirect costs of financial distress are higher costs of capital as usually bank A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously ma ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Financially Distressed Municipalities Act
The Financially Distressed Municipalities Act ''(Act of 1987, P.L. 246, No. 47)'', also known as Act 47, is a Pennsylvania statute outlining procedures to stabilize municipalities in Pennsylvania undergoing financial distress. The Act empowers the Pennsylvania Department of Community and Economic Development to declare certain municipalities as financially distressed. It provides for the restructuring of debt of financially distressed municipalities, limits the ability of financially distressed municipalities to obtain government funding; authorizes municipalities to participate in federal debt adjustment actions and bankruptcy actions under certain circumstances; and provides for consolidation or merger of contiguous Contiguity or contiguous may refer to: *Contiguous data storage, in computer science *Contiguity (probability theory) *Contiguity (psychology) *Contiguous distribution of species, in biogeography *Geographic contiguity Geographic contiguity is t ... municipalities ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Pennsylvania Intergovernmental Cooperation Authority
PICA History The Pennsylvania Intergovernmental Cooperation Authority, or PICA, is the financial oversight board for the City of Philadelphia. It was created through the 1991 legislation, "Pennsylvania Intergovernmental Cooperation Authority Act for Cities of the First Class," or the PICA Act. PICA was created to provided financial assistance to the City of Philadelphia during a severe financial crisis. At that time, Philadelphia faced a growing operating deficit, mounting overdue bills, and credit ratings which were dropping below investment grade. The City had instituted a municipal hiring freeze and the quality of municipal services was eroding as a result. PICA was founded to "foster the fiscal integrity of cities of the first class...and provide for proper financial planning procedures and budgeting practices."Act of June 5, 1991, Pub. L. No. 9, 53, Pa.Stat.Ann section 12720. PICA Bonds At its inception, PICA had the power to issue bonds to benefit the City of Philadelp ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Philadelphia
Philadelphia ( ), colloquially referred to as Philly, is the List of municipalities in Pennsylvania, most populous city in the U.S. state of Pennsylvania and the List of United States cities by population, sixth-most populous city in the United States, with a population of 1,603,797 in the 2020 United States census, 2020 census. The city is the urban core of the Philadelphia metropolitan area (sometimes called the Delaware Valley), the nation's Metropolitan statistical area, seventh-largest metropolitan area and ninth-largest combined statistical area with 6.245 million residents and 7.379 million residents, respectively. Philadelphia was founded in 1682 by William Penn, an English Americans, English Quakers, Quaker and advocate of Freedom of religion, religious freedom, and served as the capital of the Colonial history of the United States, colonial era Province of Pennsylvania. It then played a historic and vital role during the American Revolution and American Revolutionary ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Pittsburgh Intergovernmental Cooperation Authority
The Pittsburgh Intergovernmental Cooperation Authority (Pittsburgh ICA, also known as the Intergovernmental Cooperation Authority for Cities of the Second Class), is a special administrative body that was created by the Commonwealth of Pennsylvania to oversee the finances of the City of Pittsburgh. History The Pittsburgh ICA was created by the Pennsylvania General Assembly though the ''Intergovernmental Cooperation Authority Act for Cities of the Second Class'' or ''Act 11 of 2004'' on February 12, 2004. The Pittsburgh ICA is charged with "providing for financing" in Pittsburgh. It may only consider whether city budgets "are balanced, based upon prudent, reasonable and appropriate assumptions and if they comply with the city’s pending Act 47 recovery plan. Policy questions are outside its legal jurisdiction when approving or disapproving budgets." The Pittsburgh ICA operates within the context of an "Intergovernmental Cooperation Agreement" between it and the City of Pittsbur ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  




State Agencies Of Pennsylvania
State most commonly refers to: * State (polity), a centralized political organization that regulates law and society within a territory **Sovereign state, a sovereign polity in international law, commonly referred to as a country **Nation state, a state where the majority identify with a single nation (with shared culture or ethnic group) ** Constituent state, a political subdivision of a state ** Federated state, constituent states part of a federation *** U.S. state * State of nature, a concept within philosophy that describes the way humans acted before forming societies or civilizations State may also refer to: Arts, entertainment, and media Literature * '' State Magazine'', a monthly magazine published by the U.S. Department of State * ''The State'' (newspaper), a daily newspaper in Columbia, South Carolina, United States * '' Our State'', a monthly magazine published in North Carolina and formerly called ''The State'' * The State (Larry Niven), a fictional future governm ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]