Loan moratorium remains in place

In January the Board of County Commissioners placed a moratorium on loans to junior taxing districts for the purpose of protecting the county's financial position while the county treasurer is working on establishing policies and procedures in relation to intergovernmental loans.

Initially anticipating that he could have the policies and procedures ready for the commissioners by February, County Treasurer Mark Clinton this week reported it is still a work in progress.

“We're not very far with it,” he said. “I did do some research with other counties.”

Clinton's research involves reaching out t...