Beals Selectmen Wrestle with Town’s Share of County Debt

By Nancy Beal

In their regular biweekly meeting Nov. 25, Beals selectmen tackled the problem presented to all county towns within the past two months: paying its share of Washington County’s tax anticipation note (TAN) with Machias Savings Bank. That share is $185,070 and must be paid to the county by Dec. 31. Paying towns are relieved of paying future interest on any unpaid portion of the TAN’s principal. 

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