PLAN Financial recovery



The financial recovery plan developed by Pennsylvania and local officials to help Greenville out of its financial woes includes these mandates:
Prepare employee files for all borough employees.Aggressively pursue voluntary contributions from the tax-exempt community.Seek a bank that will provide a sweep account offering a competitive interest rate.Seek investment options for the sewer reserve fund.Make separate appropriations in the budget for workers' compensation, federal income tax, Medicare and group benefits to more accurately show those costs relating to departments.Review purchase policy and require additional comparative quotes.Require reimbursement for costs relating to crossing guards.Seek interns from Thiel College to conduct a survey of local businesses to update the tax roster.Complete computer upgrades.Pursue refinancing of existing debt to take advantage of current low interest rates.Convert emergency loan of $660,000 to long-term loan.Repay money borrowed from sewer fund over a three year period.Review insurance coverage.Audit use of municipal vehicles for personal purposes.Take steps to control workers' compensation costs.Charge the actual costs of police coverage for West Salem Township when the next contract is negotiated.Aggressively pursue a regional approach to police services with adjacent municipalities and provide regional holding facilities.Seek a state grant to update jail facilities.Use fire department personnel for fleet maintenance and code enforcement.Adjust fees charged to transport equipment to accident scenes.