Pennsylvania’s last-minute plan to help its capital city meet a $3.3 million general obligation payment to bondholders last week is a “credit positive,” but Harrisburg needs “external support” to achieve long-term fiscal stability, according to Moody’s Investors Service.

Moody’s issued a report Monday on Gov. Edward Rendell’s decision to direct $3.6 million of state funds that Harrisburg was set to receive later this year to the city to pay a $3.3 million GO debt-service payment due Sept. 15 on Series 1997D and Series 1997F bonds.

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