READING, Pa. – Reading is ready to stand on its own.<\/p>\n
The city is officially exiting the state’s budget oversight program after it was deemed to be in financial distress back in 2009.<\/p>\n
Leaders say a number of administrations, city council and city workers were involved in helping the city get control of its finances.<\/p>\n
“This has not been an easy process,” said state Sen. Judy Schwank. “There was a lot of hard decisions that had to be made, some things that weren’t always popular, but it got them on the road to fiscal sustainability. I applaud them for that.”<\/p>\n
Mayor Eddie Moran said a celebration is set for Thursday from 12-7 p.m. City Park.<\/p>\n
City leaders had been pushing to end Reading’s Act 47 status, which classified the city as a distressed municipality.<\/p>\n
Reading is the 18th municipality to exit the program, and the ninth under the Wolf administration.<\/p>\n","protected":false},"excerpt":{"rendered":"READING, Pa. – Reading is ready to stand on its own. The city is officially exiting the state’s…\n","protected":false},"author":2,"featured_media":140972,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[214,279,38576,128,130,129],"class_list":["post-142752","post","type-post","status-publish","format-standard","has-post-thumbnail","category-reading","tag-_homepage_top_stories","tag-berks","tag-insideyourtown","tag-reading-city","tag-reading-city-headlines","tag-reading-city-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/142752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/comments?post=142752"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/142752\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media\/140972"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media?parent=142752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/categories?post=142752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/tags?post=142752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}