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Commissioners accept third Hurricane Helene cash‑flow loan of $485,000
Summary
Ash County accepted a third no‑interest cash‑flow loan from the state (Office of State Budget and Management) to maintain liquidity for hurricane recovery projects; county staff said the loans provide short‑term cash and may be forgiven by the state but must be repaid if not forgiven.
Ash County commissioners approved acceptance of the third state-provided Hurricane Helene cash‑flow loan on Oct. 6.
County staff explained these no‑interest loans are offered through the General Assembly and the Office of State Budget and Management to provide temporary cash flow for counties after storm events. The county previously…
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