City Given Deadline To Close Budget Gap

PHILADELPHIA - The Pennsylvania Intergovernmental Cooperation Authority has warned the city of Philadelphia that it must fix its $47 million deficit.

The state agency has told the city that it must come up with a solution within 45 days. The agency created in 1991 has only sent such a notice to the city once before.

Mayor Michael Nutter's finance director, Rob DuBow, says the mayor will explain the plan March 19. That's when he presents his budget to the City Council.