gameshowhost: Harrisburg has market value?
skozlaw: gameshowhost: Harrisburg has market value?Well, there's a lot of empty shell casings laying around that you could sell for scrap, I suppose.
To The Escape Zeppelin!: I remember in middle school asking if we would do a trip to the state capitol. I was told "you don't want to go there".
NostroZ: [meowcheese.com image 500x711]Muni Bonds are tax exempt and provide a good source of income.Disclosure is important to know if municipality has a chance of going bankrupt.Sure it will kill some issues, but transparency is essential for market trust.
jjorsett: Wow, nobody prosecuted, and Double Secret Probation threatened for future violations. Municipalities everywhere must be crapping their pants in fear.
YixilTesiphon: There's an entertaining consultant's report out there which concludes that its waste-to-energy incinerator has a market value of $0.
NostroZ: Disclosure is important to know if municipality has a chance of going bankrupt.
nytmare: You'd think they'd have hired people who understand things like "money" and "laws" to handle a major city's finances, instead of just letting the mayor and the council run amok with hundreds of millions of dollars.
GoldSpider: I wonder how heavily stuff like this should weigh when I'm deciding whether or not to buy a house in the city.
Krumet: YixilTesiphon: There's an entertaining consultant's report out there which concludes that its waste-to-energy incinerator has a market value of $0.Ah yes, working out as well as the one in Columbus 30 years ago.But wait, there's more:Get ready for round two.Because it's different this time.
Quiefenburger: Harrisburg has been presented a viable plan to solve this mess. Without going into too much detail, it basically involves raising incinerator rates to something close to being economically sensible and leasing their parking authority assets. This will get Harrisburg 90% out of the hole. Unfortunately the Mayor and City Council are useless and refuse to do anything except biatch about the State placing them under the auspices of Act 49. We wouldn't be here if Harrisburg's elected officials had actually made any attempt at pursuing solutions to the mess.Of course, the City is about to elect a new mayor named Sharky Butts so perhaps my expectations are a bit too lofty.
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