Northampton County Fiscal Affairs Director Jim Hunter reported yesterday that the $50 million line of credit taken out to deal with the state budget shortfall had remained untouched. "We did not borrow any money," he said. "We were able to escape that by one day."
The day before he was going to tap into the line of credit, money from the state began flowing in.
1 comment:
At least there is money available to pay the next jury award against the County caused by the ongoing incompetence of Brown
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