EASTON, Pa. — Easton will have to rely on loans in order to keep the city afloat as the state remains at a budget impasse.
City Council recently approved two ordinances, one for a tax revenue anticipation note and another for a grant anticipation note, to maintain vital services as Easton waits on state money held up by the budget.
As City Administrator Luis Campos explained, the TRAN and GAN are essentially loans procured by the city in anticipation of tax and grant revenue…