The Act empowers the Pennsylvania Department of Community and Economic Development to declare certain municipalities as financially distressed.
legislative changes to the binding arbitration rules of Act 111, as well as a reduction in the designation of tax-exempt properties, to improve their financial health.
[1] Although some municipalities (listed in the chart below) have had the Financially Distressed designation removed, most cannot afford to lose the benefits Act 47 provides.
[2] The benefits include revenue from the nonresident wage tax available only to cities with Act 47 status.
Any dates of imposition and lifting of sanctions, and the rescinding of the initial designation are also noted.