After nine years of state intervention, Nanticoke’s got a balanced budget, most debts paid off and a full complement of financial management staff in place.
But it all happened at the expense of taxpayers and required changing the city’s form of government.
A timely countywide property value reassessment — something out of Nanticoke’s direct control — was crucial, too.
And maintaining the newfound stability will require continued tax increases and keeping in place city management that until very recently was prone to a rapidly revolving door.
Read more of this report at the website of our partner Keystone Crossroads.
