West Hazleton Could Drop Financially Distressed Status By 2014

Map of Pennsylvania highlighting Luzerne County

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

West Hazleton could shed its financially distressed status under Act 47 in early 2014, its recovery plan coordinator said.

While a pair of councilmen say the borough has made strides improving its finances, they caution that challenges await as the borough will be strapped with $250,000 payments for the next four to five years for paying debt that accumulated under previous administrations.

“We did a fantastic job,” Councilman James “Bucky” Kulaga said of the borough’s financial turnaround. “But we’re not out of the woods, yet.”

Joe Boyle of Pennsylvania Economy League – the borough’s recovery plan coordinator – believes West Hazleton will join a half-dozen other Pennsylvania communities that have worked their way out of Act 47.

Read more: http://citizensvoice.com/news/west-hazleton-could-drop-financially-distressed-status-by-2014-1.1564488

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