September 29, 2016

RAD Releases $96.5 Million Preliminary Budget for 2017

News Releases

PITTSBURGH—The Allegheny Regional Asset District today released a 2017 preliminary budget totaling $96.5 million, including recommendations for operating and capital grants to 97 organizations. If adopted, eight organizations would receive their first RAD allocation, further adding to the rich and diverse cultural landscape of Pittsburgh and Allegheny County, according to the RAD Allocations Committee that recommends the preliminary budget. Overall, the 2017 budget would be a slight decrease of $500,000 from the current year’s budget, with discretionary capital grants still under consideration.

“As we move into our 23rd budget, we know that RAD funds have proven to preserve and to improve our regional assets,” said Dusty Elias Kirk, RAD Board Chair.  “We also know that the diversity and excellence that these organizations represent add immeasurably to the vitality of our region.”

Additional recommendations included in the plan are:

- An increase in 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.”

- An increase of $587,000 in support for libraries, including more than $230,000 dedicated to library electronic resources (or, e-resources).

- Nearly $2 million in funding for capital projects in our regional parks; additional capital support for other assets is still under review.

- An allocation of $625,000 for special projects to enhance accessibility and asset collaborations.

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

Read the rest of the release (in pdf); the 2017 preliminary budget report with short descriptions of proposed funded organizations and their requests; and the proposed capital requests for 2017 under consideration by the Board (in pdf).