Shamokin council unanimously approves ordinance authorizing up to $5.75 million in borrowing to balance 2026 budget

At a special meeting called to order at 5:36 p.m. on Feb. 17, the Shamokin City Council voted unanimously to approve Ordinance 26-01, a financing authorization that city staff said will allow borrowing of up to $5,750,000 over a three-year period to balance the 2026 budget.

Mr. Hotenstein, who spoke for staff, said, "This ordinance simply approves borrowing for the city to provide funds necessary to balance the budget for 2026," and specified the amount as "not to exceed 5,750,000" spread over three years. Council members then moved the meeting into executive session to discuss finance with the treasurer present.

The measure was introduced, motioned and seconded during the new business portion of the agenda. Councilman Dugan moved the ordinance and Councilman Chuck seconded. During the roll-call vote Councilwoman Arnold, Councilman Danit, Councilman Kaylor, Councilman Chuck and Mayor McGlaughlin each said "yes," and the motion carried unanimously.

Council members and staff described debt financing as the remaining path after a home-rule approach did not proceed. A participant in the meeting asked for an executive session on finance with the treasurer in attendance; the council adjourned the public session and moved into that executive session at 5:37 p.m.

The council did not take further public action before adjourning to executive session. Details on the borrowing terms beyond the maximum amount, the lender or underwriting structure, and the timetable for drawdowns were not specified in the public record at the meeting.