Shortfall loan may up debt by millions
County supervisors voted Monday to take the next step toward a loan in anticipation of taxes, after learning that the amount they can borrow may substantially exceed first estimates.
Board attorney Ellis Pittman said gaming tax revenues can be added to the amount anticipated from property taxes and that up to 25 percent of that amount could be borrowed.
“We’re looking for a fiscal year tax,” county administrator Michael Thompson said.
“All (property taxes and gaming tax revenue) can be considered taxes that you can get an anticipation loan on,” Pittman restated.
Manhunt ends with arrest A manhunt that started...
Cookin with The Columns: Bring home the bacon! These bacon rollups are...
Debate introduces District 3 supervisor candidates to voters race first up The candidate debate...
New business opens downtown Delta Mini Mall owner...
Aldermen set new water, sewer rates; hearing planned The Board of Aldermen...