Finance

State Supervisory Board repeals rejection of Harrisburg’s five-year monetary plan – BollyInside

A council created by state lawmakers to oversee Harrisburg’s finances on Wednesday overturned their rejection of the city’s five-year financial plan.

The council, known as the Intergovernmental Cooperation Authority, plans to notify the Commonwealth that the city is no longer “non-compliant,” a situation that could have resulted in the state withholding funds from the city.

Council members said they plan to review the city’s revisions to the financial plan and provide additional comments so that the document can eventually be approved.

The council also allowed the city to seat Dan Connelly, a new ex-officio council member to replace the city’s chief financial officer who resigned in…

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