Inside America’s Most Indebted City : Planet Money : NPR

Posted by Trish Riley, September 3, 2012

In 2007, Harrisburg filed a document called an 8110 b certificate. It was a promise, Bill Cluck says, that all the previous debt borrowed on the incinerator was still self-liquidating — that the incinerator would bring in enough money to pay the money that had been already borrowed on it.

“They knew it wasn’t true when it was submitted, and it’s never been corrected to this day,” Cluck says.

And that, according to Cluck, was a crime.

…A judge has recently ordered a 1% income tax hike on the people still left in Harrisburg. But the city council has promised to fight it.

via Inside America’s Most Indebted City : Planet Money : NPR.