DePasquale, Central Pa. Mayors to Discuss Local Finances

State Auditor General Eugene DePasquale and six central Pennsylvania mayors will discuss local finances in an Oct. 27 roundtable discussion in Harrisburg.

The civic group Harrisburg Hope will host the 6 p.m. event at Harrisburg Area Community College. Group founder Alan Kennedy-Shaffer said the program will highlight challenges and solutions for Pennsylvania cities and boroughs, including sustainability, public safety, taxes and regionalization.

The mayors are Rick Gray, of Lancaster; Tim Scott of Carlisle; Larissa York of Lemoyne; Maureen Starner of Mount Wolf; John Hoerner of Highspire; and Kenneth Cramer of Penbrook.

Pennsylvania over the past three months received general-obligation bond-rating downgrades from Moody's Investors Service and Fitch Ratings to Aa3 and AA-minus, respectively. Both rating agencies cited the state's estimated $50 billion unfunded pension liability.

Gov. Tom Corbett, in calling for pension overhaul, cited the pension obligation burden on local property taxes.

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Pennsylvania
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