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Strafford County meeting authorizes short-term borrowing of up to $35 million
Summary
County commissioners approved a tax-insufficient note authorizing short-term borrowing of 'up to $35,000,000' to cover cash flow ahead of finalizing the budget; the measure passed by voice vote. A repayment timing comment in the transcript appears inconsistent and should be verified.
STRAFFORD COUNTY, N.H. — County commissioners voted to authorize a tax-insufficient note allowing the county to borrow up to $35,000,000 to cover short-term cash needs, the chair announced during the meeting.
The chair (Speaker 2) recognized Treasurer Pam Arnold to outline the need for the borrowing and said, "we do need to borrow…
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