Grayson considers line of credit

INDEPENDENCE — The month of October was a tough one financially for Grayson County, after county leaders were forced to borrow $1.6 million to pay the bills.

Now, the board of supervisors is considering the idea of establishing a line of credit with a local bank to cover any shortfall in the future.

During last month's meeting, supervisors asked County Administrator Bill Ring to request proposals for a line of credit and return to the December meeting with his findings. Ring returned this month with two options — SunTrust and Carter Bank.

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