The borrowing of the $21 million just to make payroll is through an instrument called a Tax Anticipation Note (TAN). A TAN is not unusual in the world of bureaucratic funding. But while a TAN is often routine, this particular TAN was anything but.
Julie Wade
Posted inCommunity
We’re all public now
While there was no actual bloodshed, the evening delivered its promise of entertainment when it came to proposed budget solutions.