Some Altoona City Council members say they’re worried about a possible financial train wreck at the end of the year if the DCED’s ACT 47 Recovery Plan isn’t adopted in time for the new budget.
 
Councilman Michael Haire says the DCED’s contract with the city’s appointed coordinator has yet to be signed and because the coordinator has 90 days from that point to deliver its final recommendations, that could make things difficult.
 

 
Haire says the city is facing a $2-million deficit, which would result in more than 40 layoffs. He says officials are hopeful they can make up the difference by refinancing some debt.
 

 
Coordinator John Espenshade told council last night he wants to schedule a September 15^th public meeting to get ideas from citizens in the community before finalizing the city’s recovery plan.