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Harrisburg Fiscal Recovery Plan Review

This week at the Harrisburg City Council, Mayor Linda D. Thompson will be going over her fiscal recovery plan which she introduced earlier this month.  It is a bit like Act 47 that has already been rejected but differs in the sense that it requires additional financial state concessions as well as from Dauphin County and the bond issuer that gave substantial financial backing to the city’s $310m incinerator debt.

 

Without backing from at least one of these organizations (to cover the $26m leftover debt from the mayor’s plan), Thompson intends to adopt a 2.2 to 2.5 percent commuter tax which would impact all those who commute to the city irrespective of what county they live in.  The EIT would increase for city residents as well – possibly from 1 to 2.5 percent.

 

Next week Mayor Thompson also intends to hold a public hearing about this plan in the Harrisburg High School auditorium.