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Scranton council hears controller report showing $1.2 million first‑quarter shortfall
Summary
At the April 21 meeting, Council President Schuster flagged a $1.2 million shortfall in the controller's report for the quarter ending March 31 and asked the business administrator for projections; council members asked staff to follow up about potential revenue risks and the city's LST distressed-status exposure.
Council President Schuster said during the April 21 meeting that the city’s controller’s report for the quarter ending March 31 shows the city is "short, $1,200,000," the first first‑quarter shortfall Schuster said he can recall in his tenure on council.
The shortfall prompted Schuster to ask the business administrator, Matt Domnis, whether staff project further shortfalls this year and to provide explanations for revenue or expenditure variances. "I made…
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