Harrisburg Controller, Dan Miller revealed his plan this morning (as promised) for Harrisburg to avoid bankruptcy from the incinerator debacle.
The major points are:
- Turn over control of the incinerator to Dauphin County thereby giving Dauphin County the $5.5 million dollars needed to apply toward the incinerator debt from the operating profits.
- The City of Harrisburg would apply its annual profits from city parking garages and surface lots, approximately $4.5 million dollars, to the incinerator debt.
- Negotiate lower interest rates from bond holders with the promise that the principal will be paid.
- Dauphin County Commissioners would raise the tipping fees for non-city residents who pay LESS than city residents (what’s wrong with this picture?).
- Future revenue could also be gained from increased incinerator use and higher parking rates.
- The painful part will be the city would have to make up the $4.5 million dollars they are no longer getting from the parking authority (can anyone say spending cuts?).
Sounds like this plan has a chance of working and if it can avoid Harrisburg’s bankruptcy, I say full speed ahead. Hopefully all interested parties will do what is right and put politics aside at this time!