ESI, McNees Wallace & Nurick LLC , and SRW Strategies were engaged by the Borough of Pottstown to assist in developing a five-year financial plan as part of the Commonwealth’s Early Intervention Program. The plan included a Financial Conditions and Trends Analysis, Management Audit of all Borough departments, recommendations to improve the Borough’s fiscal position, and an implementation plan that assigned responsibilities and outlined benchmarks.
The final report included over 50 recommendations that addressed nearly every aspect of Borough operations including workforce compensation and staffing, organizational structure, and policies and procedures. The report reviewed the Borough’s existing tax structure and made recommendations to mitigate the need for future real estate tax increases and remain competitive for new business investment. The report included an in-depth review of the Borough’s economic development efforts and recommended strategies to expand the local tax base.
