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County prosecutors executed search warrants Wednesday as part of an investigation into a state-created authority appointed to oversee Pittsburgh's failing finances a dozen years ago.

senatorcosta.com

Pennsylvania state Senators Jay Costa and Wayne Fontana, both Allegheny County Democrats, are calling for Pittsburgh’s Intergovernmental Cooperative Authority board to immediately dismiss Executive Director Henry Sciortino, in the wake of a criminal investigation.

The Pittsburgh Tribune-Review reported Tuesday that Allegheny County District Attorney Stephen Zappala has opened a criminal investigation into the financial oversight board. 

Erika Beras / 90.5 WESA

 

The state auditor general said Tuesday that he wants to disband a financial oversight group that's no longer needed in order to funnel funds into city pensions. 

The Intergovernmental Cooperation Authority (ICA), a state operated financial oversight committee, has rejected Mayor Bill Peduto’s nearly $508 million 2015 spending plan Tuesday for a second time.

The ICA said the city continuously ignored the board’s request for financial information, including property tax and parking meter rate adjustment specifics, as well as failing to provide a “signed EMS contract.”

ICA Chairman Steps Down, New One Appointed

Oct 7, 2013

The Pittsburgh Intergovernmental Cooperation Authority has a new chairman.

The resignation of former chair, Dana Yealy, was announced at the group’s October meeting. The board appointed member Nicholas D. Varischetti as the new chair.

“I think you’re going to see the ICA working very closely with all the city stakeholders to come up with smart solutions on how we can be an asset and not a hindrance to helping the city,” Varischetti said.

Firm Hired to Examine How Pittsburgh Handles Cash

Mar 28, 2013

Following the indictment of former Pittsburgh Police Chief Nate Harper on theft of public funds, a public accounting firm will examine the city’s internal control structure when it comes to cash.

The Intergovernmental Cooperation Authority (ICA), a financial oversight board, approved $90,000 for an analysis by Gleason and Associates.