Monday, June 18, 2018
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The Tunica Times • P.O. Box 308/986 Magnolia Street, Tunica, MS 38676

County Board to seek stop gap loan

Supervisors came out of executive session at the end of a two-hour meeting on Dec. 19 and voted to seek a loan in anticipation of property tax collections.

Board president James Dunn announced that officials used the 45 minute closed session to “put plans in place to address issues and limit fallout as related to personnel,” based on the county’s current financial condition and gaming tax revenues that continue to decline. Dunn then recommended the tax anticipation loan.

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