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Nazareth, Pa., United States

Thursday, January 21, 2016

Hunter: $50 MM LOC Remains Untouched

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:

Anonymous said...

At least there is money available to pay the next jury award against the County caused by the ongoing incompetence of Brown