Thursday, February 26, 2004

More on the Board

Fester adds some more details to the makeup of the Financial Oversight Board here in Pittsburgh. In particular, he notes that the majority of the board has a strong vested interest in maintaining the city's current (under-)funding structure.

... two of the five members are leaders of companies which are under mercantile tax exemptions. ... Another member, the Duquesne University President is head of a tax free non-profit. ...