Moosic Borough Council President Joe Mercatili is retiring after serving more than three decades. Joe has served on council for 38 years, serving 35 of those years as council president. During his tenure, Moosic Borough’s budget has gone from $800,000. in 1978 to 3.6 million today. The community has grown substantially with the development of Montage Mountain, a major golf course, a Visitors Center, Cinemark 20 screen theatre complex and major corporate centers and assorted business. The attractive tax base in the borough is an added incentive and major benefit. Mr. Mercatili has served as President of the PA State Association of Boroughs on its Policy and Resolution Committee and as President of the Lackawanna County Association of Boroughs. His accomplishments go beyond the borough as he reaches out to both the County and State organizations as well. Mr. Mercatili will remain a councilman with a firm hand and watchful eye.
NerdWallet’s analysis looked at 145 places in Pennsylvania, each with a population of at least 5,000, then calculated the overall score for each location based on the business climate and economic health using data from the U.S. Census Bureau Moosic Borough has placed 2nd for the best places to start a business in Pennsylvania. In Moosic, about 11 businesses per 100 people see an average annual revenue at just over $3 million. Some of the key retail and entertainment attractions include the Cinemark 20 and XD Movie Theater and the Shoppes at Montage, as well as baseball games at PNC Field, home of the Scranton/Wilkes-Barre RailRiders, the Triple-A affiliate of the New York Yankees. The Greater Northeast Chamber of Commerce is in Moosic and serves Luzerne and Lackawanna counties.
Moosic Borough is consistent in lowering taxes and municipal fees for borough residents. This past week Borough Council eliminated the General Obligation Term Loan. A 6 year term note was issued in 2012 in the amount of $800,000.00, to provide funds for the replacement and rehabilitation of portions of the Borough’s existing sewer mains, including, but not limited to, Birney Avenue crossing at Railroad Street, Stone Street extension, Birney Avenue at Route 502, Main Street, Spring Street, Birney Avenue and Rocky Glen Road. Moosic Boroughs financial management is the process of obtaining funds to support the necessary services provided by the Borough and using those funds in an effective and efficient manner. Sound fiscal management requires a well planned budget and effective use of the budget as a tool for managing the receipt and spending of money throughout the year. Council President Joseph Mercatili stated “ I am pleased to eliminate this loan and provide a sufficient saving to the borough residents along with a strong infrastructure.”