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Strafford County committee moves to borrow up to $24 million in tax anticipation notes
Strafford County Executive Committee · November 22, 2024
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Summary
The Strafford County executive committee approved borrowing in anticipation of taxes up to $24,000,000 for early 2025 after treasury staff warned county cash would be insufficient to cover expenses for the first six months of the year.
Chair (Speaker 1) opened discussion on a cash-flow proposal and called on treasury staff to present a formal recommendation.
Speaker 2 (FA Treasury) read a letter advising the executive committee that "the funds in the county treasury will be insufficient to meet expenses for the 1st 6 months of the year 2025" and recommended the…
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