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MUNICIPAL LABOR LEADERS BLAST PICA BOARD FOR WASTING MONEY, CALL ON MAYOR TO INVESTIGATE $600,000 LOSS

 MUNICIPAL LABOR LEADERS BLAST PICA BOARD FOR WASTING MONEY,
 CALL ON MAYOR TO INVESTIGATE $600,000 LOSS
 Municipal labor leaders will hold a new conference today (Monday, Feb. 17) at 1 p.m. in front of the offices of the PICA Board, 1429 Walnut St., 14th floor, Philadelphia.
 At the news conference, Jim Sutton (president of AFSCME, District Council 33), John Shaw (president of Lodge 5 Fraternal Order of Police), and Les Yost (president of Firefighters Local 22) will criticize the Pennsylvania Intergovernmental Cooperation Authority (PICA) Board for wasting $600,000 of the taxpayers' money with nothing to show for it.
 A story in Sunday's Philadelphia Inquirer stated, "In eight months, the PICA Board has done little but spend money and mark time." The story stated that politically connected law and accounting firms have spent the bulk of the money and, at one point, the accounting firm admitted they were "wasting the money."
 The PICA Board is supposed to monitor city spending and arrange for the sale of bonds to bail out the city from its current deficit.
 Shaw stated, "It is an outrage that these people will be overseeing contract negotiations. Who will be overseeing them? Imagine billing the city $1,200 for a lawyers' lunch."
 Sutton stated, "$600,000 has been spent and they have nothing to show for it. If they did nothing, then they should have spent nothing."
 CONTACT: Jack Collins of Collins Communications, 215-557-6285, for District Council 33.
 /delval/
 -0- 2/17/92


CO: Pennsylvania Intergovernmental Cooperation Authority; AFSCME,
 District Council 33; Fraternal Order of Police ST: Pennsylvania IN: SU:


CC -- PH007 -- 0539 02/17/92 10:18 EST
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Publication:PR Newswire
Date:Feb 17, 1992
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