money

Dawson proposes borrowing up to $420,000 to stay afloat as finances unravel

Documents obtained by The Dawson News show city officials are proposing to balance the budget through a transfer from the Public Utilities Fund while simultaneously seeking authority to borrow as much as $420,000 from a private financial institution to continue meeting payroll and other operating expenses as Dawson works to complete financial audits that have remained unfinished since 2023.

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