Act 47 Plan

AI Summary

The City of Hazleton filed for Act 47 financial recovery status on August 8, 2017, with the Pennsylvania Department of Community and Economic Development, requesting a determination of municipal financial distress and an emergency loan. The Pennsylvania Department of Community and Economic Development's investigation, completed August 30, 2017, confirmed that Hazleton met two statutory criteria: the city maintained deficits exceeding 1% in each of three consecutive fiscal years and expenditures exceeded revenues over a three-year period. This financial recovery plan was prepared by the Pennsylvania Economy League, Central PA Division, filed May 4, 2018, and revised June 1, 2018, and addresses departmental operations across administration, police, fire, public works, pensions, and economic development to establish recovery initiatives.