Township Plans Tax Advance Agreement With Library
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Description
Coolbaugh Township plans to enter into an agreement with Pocono Mountain Public Library to advance $150,000 in tax funds over the first four months of 2024. The library will repay the advances in equal monthly installments over the following four months as tax revenues are received.
Contract Details
Contract Amount
$37,500.00 per month for a total of $150,000.00
Vendor
POCONO MOUNTAIN PUBLIC LIBRARY
Agency
Town of Coolbaugh, PA
Contract Type
FINANCIAL_SERVICES
Document Date
December 19, 2023
Contract Term
First four months of 2024, repaid over the following four months as tax funds are received
Renewal Date
2024-08-31
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