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Katz firm paid $1,500 tax bill after Pa. sued. (Sam Katz's consulting firm, Public Financial Management Inc. owes state taxes)

Philadelphia Business Journal

| March 18, 1991 | Lehren, Andrew W. | COPYRIGHT 1985 American City Business Journals, Inc. (Hide copyright information)Copyright

Katz firm paid $1,500 tax bill after Pa. sued

For more than two years, Public Financial Management Inc. -- the consulting firm of which mayoral hopeful Sam Katz is co-chief executive officer -- was being sued for about $1,500 in overdue state taxes.

The case was settled last Nov. 20, one day after Katz formally announced his bid for the Republican nomination for mayor, with the taxes paid, along with interest and penalty charges.

Katz said the events are a coincidence. "I can assure you totally that the events are unrelated," he said. The candidate said his job at Public Financial Management does not include overseeing tax payments, and that he had …

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