Littleton Looks To Reduce Taking Out TANs To Pay Bills

Littleton's Main Street. (File photo)

LITTLETON — With not much room in a tight budget to pay bills, Littleton will take out a Tax Anticipation Note of up to $4 million but hopes to reduce in the future the number of TANs, and the several thousand dollars in interest they cost, by building up the town’s unreserved fund balance.

The good news is that late taxes from residents and businesses are not an issue this year, despite the coronavirus pandemic, Littleton Town Manager Andrew Dorsett said Wednesday.

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