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Williamsport council approves $1.4 million tax and revenue anticipation note for 2025

2064127 · January 2, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The council unanimously authorized a tax-and-revenue anticipation note (TRAN) of $1.4 million with a multiple-draw structure and tax-free treatment to manage 2025 cashflow needs.

The Williamsport City Council on Jan. 2 authorized the issuance and sale of a 2025 tax and revenue anticipation note (TRAN) for up to $1,400,000, approving the resolution unanimously.

Finance staff said the new resolution supersedes a similar 2024 resolution and…

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