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Harrisburg, Pa., will start the clock again for yet another city treasurer after Timothy East resigned following revelations of his personal bankruptcy. He had been named to the position in September after predecessor John Campbell was charged with theft from two nonprofit groups.
October 22 -
Timothy East became the second Harrisburg, Pa., treasurer to resign in two months, a city official confirmed late Tuesday.
October 21 - Pennsylvania
Pittsburgh stands to realize $3.2 million, or 5%, of present-value savings from its expected $63.3 million refunding scheduled for Oct. 22, according to city finance director Paul Leger.
October 21 -
An extra layer of state oversight loosely based on the Harrisburg receivership may evolve from Pennsylvania's new time limit for distressed municipalities to stay in its Act 47 program.
October 20 - Pennsylvania
The Penn Institute for Urban Research will host the discussion, on urban fiscal policy and public pensions on Nov. 11 in Philadelphia.
October 16 - Pennsylvania
Pittsburgh plans to come to market next week with a refunding of $70 million in general obligation bonds in two series.
October 16 -
Sound fiscal practices are vital for Pennsylvania's distressed cities, regardless of how long they stay in the state-sponsored Act 47 workout program, analysts say. A new law will limit cities' stay in Act 47.
October 16 - Pennsylvania
The Penn. requirement that the Philadelphia School District's teachers pay 5%, 10% or 13% of their healthcare premiums is a credit positive for the district, Moody's Investors Service said.
October 9 - Pennsylvania
State Auditor General Eugene DePasquale and six central Pennsylvania mayors will discuss local finances in an Oct. 27 roundtable discussion in Harrisburg.
October 8 - Pennsylvania
A recently passed Philadelphia cigarette tax is a temporary plus for the financially-distressed Philadelphia School District, said Moody's Investors Service.
October 3