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Pennsylvania

The job of attracting out-of-state businesses and helping revitalize communities got a bit tougher for state officials when the Pennsylvania budget passed recently with a cut of more than $114 million to the Department of Community and Economic Development.

The 35 percent funding reduction to the agency affected dozens of programs and imposed consolidations designed to make recipients work together, regionalize or compete head to head.

It's the latest in a series of cuts that have left the DCED with a $213 million budget, down from $327 million last year and $631 million just four years ago.

 

To read the full, original article click on this link: Economic development cut deeply in new Pa. budget - BusinessWeek

Author: MARK SCOLFORO