Cleaning Up Steve Reed’s Mess: Harrisburg’s Debt Plan Expected To Be Filed Today

Map of Pennsylvania highlighting Dauphin County

Map of Pennsylvania highlighting Dauphin County (Photo credit: Wikipedia)

Cleaning up former Mayor Steve Reed’s mess is going to take more than just a solution to his incinerator debt.

Harrisburg‘s state-appointed Receiver has said he hopes to file sometime today his plan to eliminate the city’s bad debt through the sale of the incinerator and a long-term lease of parking assets.

While the more than $360 million in unpayable debt at the incinerator is the root of why the city is in receivership, whatever plan is put forward has to account for much more than that.

Why?

Read more: http://www.pennlive.com/midstate/index.ssf/2013/08/harrisburg_debt_plan_cleaning.html#incart_m-rpt-2

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