CAFR

An-Li Herring / 90.5 WESA

Just months after exiting financially distressed status, the city of Pittsburgh is continuing its march toward financial stability, according to city controller Michael Lamb. On Tuesday, he announced a surplus of $17 million for 2017.

Deanna Garcia / 90.5 WESA

Pittsburgh Controller Michael Lamb said the city is doing well financially, but it could still improve spending.

Lamb released the 2014 Comprehensive Annual Financial Report which showed Pittsburgh ended the year with a total fund balance of $183 million, an increase of $22.6 million from 2013.