{"id":1867,"date":"2011-06-23T10:14:58","date_gmt":"2011-06-23T14:14:58","guid":{"rendered":"http:\/\/www.l-a-k-e.org\/blog\/2011\/06\/harrisburg-defaulted-on-incinerator-bonds.html"},"modified":"2011-06-23T10:14:58","modified_gmt":"2011-06-23T14:14:58","slug":"harrisburg-defaulted-on-incinerator-bonds","status":"publish","type":"post","link":"http:\/\/www.l-a-k-e.org\/blog\/2011\/06\/harrisburg-defaulted-on-incinerator-bonds.html","title":{"rendered":"Harrisburg defaulted on incinerator bonds"},"content":{"rendered":"Last year Harrisburg, PA defaulted on bonds it issued to build an incinerator,\naccording to Aaron Smith in CNNMoney,\n<a href=\"http:\/\/money.cnn.com\/2010\/09\/02\/news\/economy\/harrisburg_bond\/index.htm\">\nHarrisburg, Pa., defaulting on its bonds<\/a>:\n<blockquote>\n<a href=\"http:\/\/money.cnn.com\/2010\/09\/02\/news\/economy\/harrisburg_bond\/index.htm\">\n<img loading=\"lazy\" decoding=\"async\" style=\"float:right;border:none;\"   width=\"238\" height=\"153\" src=\"http:\/\/i2.cdn.turner.com\/money\/2010\/09\/02\/news\/economy\/harrisburg_bond\/harrisburg_pa.ju.top.jpg\"><\/a>\nThe capital city Pennsylvania is broke and will be skipping this month&#8217;s\nmulti-million dollar bond payment.\n<p>\nOn Sept. 15, Harrisburg, Pa., was scheduled to make a $3.29 million\npayment on the bonds it issued to build a trash plant. But, the\ncash-strapped city doesn&#8217;t have the dough.\n<p>\n&#8220;The city&#8217;s budget is in deficit,&#8221; said Chuck Ardo, spokesman for\nHarrisburg Mayor Linda Thompson. &#8220;We&#8217;re looking for ways to trim the\nbudget just to keep services going.&#8221;\n<p>\n&#8220;Now the chickens have come home to roost,&#8221; the mayor said in a statement\nreleased Wednesday.\n<\/blockquote>\n<p>\nYou remember,\n<a href=\"\/blog\/2010\/12\/harrisburg-pa-loses-solvency-and-trust-over-incinerator.html\">\n&#8220;Officials here decided seven years ago to borrow $125 million to rebuild and expand the city\u2019s enormous trash incinerator&#8230;.&#8221;<\/a>\n<p>\n<a href=\"\/blog\/2011\/06\/industrial-authority-debts-could-force-lowndes-county-to-raise-taxes.html\">\n<img decoding=\"async\" style=\"float:right;border:none;\"   src=\"http:\/\/www.newenergyworldnetwork.com\/wp-content\/uploads\/2010\/12\/greendollar170.jpg\"><\/a>\nWell, that could never happen here,\n<a href=\"\/blog\/2011\/06\/industrial-authority-debts-could-force-lowndes-county-to-raise-taxes.html\">could it?<\/a>\n<p>\n-jsq\n","protected":false},"excerpt":{"rendered":"Last year Harrisburg, PA defaulted on bonds it issued to build an incinerator, according to Aaron Smith in CNNMoney, Harrisburg, Pa., defaulting on its bonds: The capital city Pennsylvania is broke and will be skipping this month&#8217;s multi-million dollar bond payment. On Sept. 15, Harrisburg, Pa., was scheduled to make a $3.29 million payment on [&hellip;]","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_links_to":"","_links_to_target":""},"categories":[120,14,88,21,32,178],"tags":[8738,728,4243,8701,4242,4131,4244,7,8734,1798,8749],"class_list":["post-1867","post","type-post","status-publish","format-standard","hentry","category-biomass","category-economy","category-lowndes-county-commission","category-planning","category-pollution","category-vlcia","tag-biomass","tag-bonds","tag-default","tag-georgia","tag-harrisburg","tag-incinerator","tag-junk-bonds","tag-lowndes-county","tag-lowndes-county-commission","tag-pennsylvania","tag-vlcia"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p585fK-u7","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/posts\/1867","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/comments?post=1867"}],"version-history":[{"count":0,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/posts\/1867\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/media?parent=1867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/categories?post=1867"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/tags?post=1867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}