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Will County to borrow $9 million against tax revenues
Will County Board approved tax anticipation warrants of 9 million dollars at a 24 to 2 vote with one absent. The loan will fund cash flow until tax revenues arrive later in the year. Interest is about 4 percent and the deal is handled by First National Bank of Joliet and Amerited Savings and Loan Joliet.
MENTIONED IN THIS ARTICLE
Myra Guindon
Will County
Mary Brown
First National Bank of
Brown