A Project by the State and Local Government Leadership Center, George Mason University Department of Public and International Affairs
Friday, October 19, 2012
Harried in Harrisburg
According to a state official, the state’s
capitol city, Harrisburg, has enough cash to last through November. The
official noted that delaying payments to some vendors could help Harrisburg
make it through the end of the year. The official, Fred Reddig of the
Department of Community and Economic Development, which oversees the state’s
distressed communities, also said the city may issue some tax anticipation
notes (TANs) in January if banks are willing. Mr. Reddig said Harrisburg, which
remains under state Senate is scheduled to begin hearings on the incinerator
bond financings tomorrow.
Labels:
Harrisburg,
Pennsylvania
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