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Warren County to take $1 million tax anticipation note as revenues tighten
Summary
County officials said they will borrow a $1 million tax anticipation note to bridge cashflow until property tax receipts arrive and to preserve access to short‑term borrowing as other funding sources decline; commissioners approved the consent agenda that included the fiscal report.
Warren County officials agreed March 18 to use a $1 million tax anticipation note to cover short‑term cashflow needs and to keep the county’s borrowing option available in future years as other funding sources ‘‘are starting to dry up,’’ county leaders said.
The action was described during the county’s fiscal report, which was included on the meeting’s consent…
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