October 1, 2015

RAD Releases $94.7 Million Preliminary Budget for 2016

News Releases

The Allegheny Regional Asset District today released a 2016 preliminary budget totaling $94.7 million, an increase of $1 million from the current $93.7 million budget. If adopted, the 2016 budget would be the largest RAD budget in its history. The proposed plan was outlined today by RAD’s Allocations Committee in a report to the District’s board and to the public. The plan recommends 98 separate grants to 92 government and nonprofit organizations.

Among the recommendations included in the plan are:

- increased operating support to all of the contractual assets and dozens of annual grant organizations “based on their records of service and need,” according to the Allocations Committee report. “These organizations continue to make major contributions to the quality of life in the region and offer many educational and outreach programs.”

- $900,000 in increased support for libraries, including $226,600 allocated for library electronic resources (or, e-resources).

- funding for $1.96 million in capital projects in our regional parks; additional capital support for other assets is still under review.

- a $750,000 allocation for special projects to enhance accessibility and for asset collaborations that seek efficiencies.

- provision for a $3 million match for $30 million in state funds that are critical to maintain local transit service. 

A ful listing of the preliminary budget can be read in the full press release, the allocations committee report or the preliminary report with detailed summaries.

Additional information about the budget, including capital projects under review, is available on the RAD web site, or by calling (412) 227-1900.

A public hearing is scheduled for Monday, October 26, 2015 from 3-5pm in the Gold Room, 4th Floor of the Allegheny County Courthouse, on Grant St. in downtown Pittsburgh. Persons wishing to speak at this meeting must register with the District at (412) 227-1900 by no later than 10:30AM on Friday, October 23rd. Written comments may be mailed to the District office or emailed to info@radworkshere.org.