The Harrisburg Authority has unanimously approved a payment to financially distressed Harrisburg City in the amount of $3.8 million dollars!
The Authority, you may remember from earlier posts, created the $288 million dollar debt on the incinerator which has all but sent the capital city of Pennsylvania to the poor-house. By some stroke of luck or Divine Intervention, the Authority has funds a-plenty in its water division. The Authority is assuring the public that their “gift” to Harrisburg will not raise water rates for 2011, exhaust reserves or threaten capital projects
Seems only fitting that the Authority comes up with the money. This infusion of capital reduces the city’s year-end deficit to a more manageable $1 million dollars.
The $3.8 million dollars will be used toward city payroll and a big stack of unpaid bills!
Kudos to The Authority for doing the right thing by the citizens of Harrisburg!