In a recent government meeting, officials provided an update on the city's bankruptcy proceedings and a newly filed plan of adjustment aimed at generating revenue for essential services. On August 26, the city submitted a proposal in federal court that seeks to monetize Chester's water, sewer, and stormwater assets while ensuring they remain publicly owned. This initiative marks a significant step after three decades of state oversight.

The plan of adjustment is designed to create a sustainable revenue stream for city services, and officials emphasized the importance of transparency regarding what the plan includes and excludes. They assured residents that the filing is a critical first step in the adjustment process, which will be elaborated upon in future discussions.

Donald McConnell, the appointed administrator overseeing the bankruptcy process, was highlighted as a key resource for retirees and residents seeking information about the ongoing proceedings. The meeting also noted that mediation efforts with various stakeholders, including the Chester Water Authority and DelCorra, are actively ongoing and will not be disrupted by the recent filing.

As the city navigates its financial challenges, officials remain committed to keeping the community informed and engaged in the process. Further updates and detailed information about the plan will be made available on the city’s official website and social media platforms.