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Clayton County board approves short‑term tax anticipation notes amid cash‑flow concerns
Summary
The Clayton County Board of Education voted 6–1, with one abstention, to approve the issuance of tax anticipation notes (TANs) and adopt related resolutions to address short‑term cash‑flow needs; finance staff said the move was time‑sensitive and requires posting of the resolution.
The Clayton County Board of Education voted to authorize the issuance of tax anticipation notes on Nov. 3, 2025, after board members heard from finance staff that timing required action before the board’s next regular meeting.
Board Chair Benjamin Straker called for an insertion to the business agenda to allow the finance department to move forward on a proposed TAN. A board member moved to "approve the superintendent’s recommendation to approve issuance of the tax anticipation note as proposed," and asked that the necessary TAN and PAID resolutions be adopted as written. Board attorney Clem…
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