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Belknap County panel authorizes up to $16 million in tax‑anticipation borrowing
Summary
The Belknap County Executive Committee voted to authorize up to $16,000,000 in tax‑anticipation notes for 2026 to cover projected cash‑flow needs; the treasurer said an initial borrowing of about $8.5–9 million is likely and the debt will be repaid when tax revenues arrive in December.
At a meeting of the Belknap County Executive Committee, members voted to authorize the county to borrow up to $16,000,000 in anticipation of 2026 tax receipts to cover projected cash‑flow needs.
"I am here to request that the executive committee authorize the county to borrow up to $16,000,000 in anticipation of taxes for 2026," Treasurer Muzzy said, adding he had provided a projected cash‑flow statement and a 15‑year history of borrowings to justify the request. The treasurer also said he…
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