Just a few short months after the City of Reading was accepted into Act 47, the Borough of Dunmore is teetering on the brink. Dunmore, which is an adjacent suburb to the City of Scranton, has a population of 14,000 and is on the verge of bankruptcy. Dunmore has accumulated $14.5 million in long-term debit and is facing an increase in expenditures for 2011 of $550,000.00.
Evidently the Commonwealth has reached out to Dunmore for over a year but those overtures fell on deaf ears. Many on Council did not even know that help was offered. Sounds like some Sunshine Law violations, but we digress.
In another interesting coincidence, the City of Scranton is also under Act 47 and has been since 1992! Dunmore and Scranton are contiguous.
Dunmore’s Council is debating whether or not to go the way of their much larger neighbor and seek protection under Act 47 or come up with their own recovery program.