Mississippi Business Journal » finaces http://msbusiness.com Mississippi Business Journal Wed, 19 Jun 2013 15:39:20 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.1 City borrowing from gas fund to meet obligations http://msbusiness.com/blog/2013/01/07/city-borrowing-from-gas-fund-to-meet-obligations/?utm_source=rss&utm_medium=rss&utm_campaign=city-borrowing-from-gas-fund-to-meet-obligations http://msbusiness.com/blog/2013/01/07/city-borrowing-from-gas-fund-to-meet-obligations/#comments Mon, 07 Jan 2013 13:15:05 +0000 Associated Press http://msbusiness.com/?p=67808 OLIVE BRANCH — Olive Branch officials will borrow $1 million from the city’s natural gas fund to meet financial obligations. Mayor Sam Rikard tells the Commercial Appeal the funds would be repaid with interest once property tax collections come in. It’s not uncommon for cities to take out tax anticipation loans. Officials may borrow from [...]

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