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Lackawanna County holds first reading of $15 million tax anticipation note ordinance
Summary
At its Oct. 15 meeting, the Lackawanna County Board of Commissioners held a first reading of Ordinance 300 to authorize a tax and revenue anticipation note of up to $15 million for fiscal 2026; county finance officials said the note would likely be privately placed and priced later in the year, with final action scheduled for Nov. 5, 2025.
The Lackawanna County Board of Commissioners on Oct. 15 held the first reading of Ordinance 300, a measure authorizing the issuance of a tax and revenue anticipation note (TAN) of up to $15,000,000 in anticipation of 2026 revenues.
David Bolzoni, Lackawanna County chief financial officer, said the county intends to complete a private placement of the note. "The note will very likely be sold to…
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