This resolution authorizes The Metropolitan Government of Nashville and Davidson County to issue interfund tax anticipation notes with an aggregate principal amount not to exceed $158,000,000. These notes are intended to provide short-term financing to manage cash flow needs. The resolution has passed the Metropolitan Council and related committees.
A resolution authorizing the issuance of not to exceed one hundred fifty-eight million dollars ($158,000,000) in aggregate principal amount of interfund tax anticipation notes of The Metropolitan Government of Nashville and Davidson County.
What it does
- 1Authorization to issue interfund tax anticipation notes up to $158,000,000
- 2Purpose of notes is to manage short-term cash flow for the Metropolitan Government
- 3Approval process included Budget and Finance Committee and Metropolitan Council
This resolution authorizes The Metropolitan Government of Nashville and Davidson County to issue interfund tax anticipation notes with an aggregate principal amount not to exceed $158,000,000. These notes are intended to provide short-term financing to manage cash flow needs. The resolution has passed the Metropolitan Council and related committees.
Activity timeline
- New documentImpact 10
New other: FY2026 Interfund Tax Anticipation Notes
- New documentImpact 10
New other: FY2026 Interfund Tax Anticipation Notes
Legislative history
Get alerts when RS2025-1220 changes
LegisGo tracks every amendment, substitute, and vote on Metro Council legislation. Free to sign up. Alerts are instant or in a daily digest.
No credit card. Nashville Metro Council coverage is free during launch.