Debt-laden Harrisburg, Penn. gets state aid early
NEW YORK |
NEW YORK (Reuters) - The deeply indebted Pennsylvania capital of Harrisburg has received an advance state aid payment of $2.6 million, Harrisburg Mayor Linda Thompson said on Wednesday.
The payment, coupled with an advance lease payment of about $7.4 million from the Harrisburg Parking Authority, is expected to help prevent the city from defaulting on a debt payment due on Thursday as well as running out of money to pay city workers.
"Mayor Thompson announced the city will process the bond debt-service payment today as planned," the mayor's spokesman Robert Philbin said.
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