Loudonville

Loudonville, NY · Municipal
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City of Albany taking out $10 million loan to pay City workers as cash flow dries up
What is the Revenue Anticipation Note (RAN) issued by Albany?. Albany — In the midst of a budget crisis, the City of Albany is taking out a $10 million "Revenue Anticipation Note" to avoid missed paychecks for City employees. Darius Shahinfar, Treasurer of the City of Albany, tells CBS6...
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Albany Common Council mulls rule changes after city issues $10 million loan
The Albany Common Council is considering changes that would require the city treasurer to notify them — or seek council approval — before issuing short-term loans. The move comes after the City Treasurer's Office announced it would issue $10 million in short-term loans to cover expenses through the end of the year as the city faces a shortage of cash. The treasurer's notice to potential investors surprised some members of the Common Council, who say they weren't properly consulted.
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Saluting Our Heroes: Veterans Day Offers Around the Capital Region
Check out all the special deals happening in the area to honor our Veterans!. Today, we honor and thank the brave men and women who have served our country. Here in the Capital Region, there are some great local deals, freebies, and special offers for veterans to enjoy in honor of their service.