Harrisburg, Pennsylvania, May Miss $3.3 Million Payment
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Harrisburg, Pennsylvania’s capital, may miss $3.3 million in general-obligation bond payments due Sept. 15 if council members fail to approve a portion of a fiscal rescue plan, according to the mayor’s spokesman.
The city faces a $5 million deficit and is trying to arrange for a $7.5 million advance on a lease of municipal land to the Harrisburg Parking Authority. Harrisburg entered the state’s Act 47 fiscal-rescue program in December.