Tuesday, March 16, 2010

Payroll problems - Freeport, IL - The Journal-Standard

 Freeport Mayor George Gaulrapp said Tuesday the city will attempt to pay its 220 employees by borrowing money, adding that the city is working to establish a line of credit in conjunction with upcoming work on Freeport landfills 2 and 3.

“We are going to borrow the money,” Gaulrapp acknowledged. “That is the only way we will make payroll, unless income tax revenues come in before (the end of the month).”

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