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County’s TAN holds steady at $5.5 million

     Pickens County Seal

     At a regular meeting Thursday, Feb. 18, the Pickens County Board of Commissioners approved a $5.5 million Tax Anticipation Note (TAN) for the 2016 fiscal year.
    TANs are short-term loans, which for several years have been used by the Pickens government to cover operating expenses, and have been the subject of much public criticism. TANs are typically taken out at the beginning of the year and must be paid off no later than December 31 of the same year.

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