The City of Reading Accepted Into Act 47 – PA Distressed Municipality Protection Program

Pennsylvania’s 5th largest city (Reading) has been accepted into Act 47 which is a program for financially distressed municipalities.  Ironically the announcement was made at a breakfast at the Berkshire Country Club this morning.

George Cornelius, secretary of the Department of Community and Economic Development met with Reading Mayor Tom McMahon and adminstration officials Wednesday evening.  Cornelius wanted to meet with Reading City Council Wednesday night as well.  However City Council refused to meet with Cornelius in a closed meeting stating it would violate the Sunshine Law.

Act 47 provides the distressed municipality with help in formulating a recovery plan as well as less restrictions in terms of operating regulations, taxing and negotiating powers.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s