Friday, August 13, 2010

PIKE MANAGER REPORTS ON FINANCES

AT WEDNESDAY’S MEETING, PIKE COUNTY’S  COUNTY MANAGER BILL SAWYER  REPORTED ON FINANCES.

$36,000 IN THE  GENERAL FUND, $20,000 IN THE RESERVE FUND.

SAWYER TOLD 101 NEWS HE EXERCISED $300,000 OF AN $800,000 LINE OF CREDI A COUPLE OF WEEKS AGO FOR COUNTY OPERATIONS. A LINE OF CREDIT FROM A TAX  ANTICIPATION NOTE. 

THE COUNTY MANAGER SAID THE PIKE IDA IS COURTING A NEW BUSINESS PROSPECT THAT IS EXPECTED TO REVISIT THE COUNTY. 

THE COMMISSIONERS APPOINTED ROBERT MARRIOTT TO THE  BOARD OF TAX  ASSESSORS, REPLACING CAROL BASS WHO RESIGNED TO RUN FOR COUNTY COMMISSIONER.

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