Municipal Financial Recovery Advisory Committee - Fred Reddig: "The cash flow of the City is stable."

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At the May 16th Municipal Financial Recovery Advisor Committee meeting, Fred Reddig, Administrator of the Office of the Receiver, gives an overview of the City of Harrisburg's Recovery Plan status. He states there is "a strong focus" to complete the City's 2009 Audit by June with the hopes of having both the 2010 and the 2011 Audits finished by the end of the year.

Reddig also discusses various City positions that need filled as well as ongoing negotiations with unions. In reference to the Plan initiatives City Council has tabled over the past few weeks, Reddig "encouraged that they be acted on expeditiously." He does not address the fact that City Council has declared it will not act on any initiative to implement the Recovery Plan until the State publicly examines David Unkovic's resignation.--Tara Leo Auchey

 
Tags: Municipal Financial Recovery Advisory Committee, Receiver William Lynch