Share 'Episode 7 Ridley Park Financial Stress - Debt Growth & Debt - Tax Anticipation Notes Part 2 of 2'
Episode 7 Part 2 of 2 - Debt Growth and Debt - Tax Anticipation Notes
I apologize in advance for the length of this Episode but there was a lot to cover.
A Tax Anticipation Note (TAN) is issued when Ridley Park, and most municipalities in Delaware County, do not have sufficient reserve funds for payroll and critical bills from January to March. In March tax and service revenues start to come…
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