Map of Pennsylvania highlighting Luzerne County (Photo credit: Wikipedia)
WEST HAZLETON — The state has rescinded the borough’s status as a distressed municipality. But while the borough has significantly improved finances since 2003, it’s not out of the woods yet.
State Department of Community and Economic Development Secretary C. Alan Walker determined that West Hazleton’s distressed status would be rescinded after a review of audits and financial data and the record from a public hearing on June 3, Gov. Tom Corbett’s office announced Thursday in a news release.
The hearing officer’s report revealed that in 2013, the borough had a $5,423 budget surplus, that finances were stable, and that the borough has the tools to make the decisions necessary to maintain responsible budgets, meet its obligations to vendors and creditors, and provide essential services to residents.
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