HR 527
A Resolution directing the Legislative Budget and Finance Committee to conduct a comprehensive study of the operating revenues, expenditures and balance sheet for service years 2023 and 2024 of all municipal authorities and municipalities which operate municipal separate storm sewer system facilities in this Commonwealth.
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This resolution directs the Legislative Budget and Finance Committee to conduct a comprehensive study of the financial operations of municipal authorities and municipalities in Pennsylvania that operate municipal separate storm sewer systems (MS4s). The study will examine revenues, expenditures, and balance sheets for the service years 2023 and 2024, aiming to provide reliable information for financing these facilities under state law. This is intended to address concerns about the varying fees associated with MS4 operations and their potential financial hardship for residents and businesses.
Key provisions
- Analyze operating revenues, expenditures, and balance sheets for MS4s from 2023 and 2024.
- Examine accounting methods used by regulated MS4s.
- Determine the number of employees at each MS4.
- Assess revenues and expenses of MS4s.
- Investigate outstanding debt, including terms and guarantees.
- Evaluate intergovernmental transfers of funds and real estate taxes to MS4s.
- Analyze fee schedules and collection methods for MS4 payees.
- The report must be conducted by a qualified economist and public policy expert.
Who is affected
- Municipal Authorities
- Municipalities
- Residents of Pennsylvania
- Businesses in Pennsylvania
- Municipal Separate Storm Sewer System (MS4) Operators
Notable changes
- The resolution mandates a detailed financial analysis of MS4 operations.
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