CARES Act Funding Cannot Replace Lost Revenue For City Of Pittsburgh

edical face mask and dollar banknotes, world coronavirus epidemic and economic losses concept

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Related: New Dashboard Allows Public To Track CARES Act Funding

PITTSBURGH (Newsradio 1020 KDKA) – Pittsburgh Mayor Bill Peduto predicts a $100 million shortfall in revenue by the end of the year.

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Peduto blames the loss of revenue from the lack of city parking and amusements due to the pandemic. 

According to Allegheny County Executive Rich Fitzgerald, CARES Act funding cannot go to replace lost revenue for municipal governments, like the city of Pittsburgh.

“The Mayor’s really in a bad spot with the lost revenue that the city of Pittsburgh has had, and he’s asking Congress to pass, you know, the Heroes Act – which would help that, because the CARES Act that was passed does not allow for any of that money to be spent for lost revenue,” Allegheny County Executive Rich Fitzgerald said during the KDKA Radio Morning Show.

Allegheny County received $212,190,475 through the CARES Act. To date, $24 million of that amount has been distributed. 

“It brings money for things like human services, people on the fringes to help pay rent, for medical supplies, our health departments; things like that,” Fitzgerald explains. “Almost 70 percent of it goes towards health and other things; some of it goes to some local economic development, municipal governments.”

The county created a dashboard to show the public what the $212,190,475 will go towards.

Visit the dashboard by clicking here.

You can listen to the full interview with Fitzgerald below to learn more.

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