PHILADELPHIA (KYW Newsradio) — After four years of bankruptcy, the city of Chester finally has a number on what it’s going to take to get it financially back on track.
A comprehensive analysis identified $45.7 million in upfront needs, plus a growing annual deficit, totalling approximately $250 million over the next 10 years.
Chester Receiver Vijay Kapoor, who is tasked with helping the city get its finances right, said that between 2014 and 2020, the city did not make contributions to its pension plan…