Can Power Be Restored in the Electric City? A Case Study of Scranton, Pennsylvania
45 Pages Posted: 7 Jun 2018
There are 2 versions of this paper
Can Power Be Restored in the Electric City? A Case Study of Scranton, Pennsylvania
Date Written: 10/25/2016
Abstract
Like many former industrial cities, Scranton is struggling. A 75-year population decline has eroded its tax base, and city officials have been unable to control costsa combination that threatens to bankrupt the city. Scranton was classified as a distressed municipality under Pennsylvania Act 47 in 1992, yet nearly 25 years later its problems remain. This study analyzes the economic, fiscal, and political factors that contributed to Scrantons decline and that have prevented it from recovering. It is a study in economic and fiscal forensics that provides lessons for other municipalities. We conclude by offering several recommendations to improve Scrantons finances and economic outlook.
Suggested Citation: Suggested Citation