A Historic Day for Greenville
Act 47, also known as the "Revitalization and Recovery Act," is a Pennsylvania State law established in 1987 to aid financially distressed municipalities and school districts. The Act 47 law provides a framework for local governments and the state to collaborate and develop procedures to help the municipality regain financial stability and solve the identified problems. The Act provides resources to create a recovery plan, hire consultants, and work with state officials to address budget shortfalls and implement necessary changes. Greenville Borough has made tremendous efforts to exit Act 47 with implementations that create the long-term foundation and stability to remain out of it.