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.