Gary considers loan, fund transfers to cover police, fire pensions, payroll
One ordinance was assigned to the council's
The ordinance states the
As the 2018 fiscal year wound down this past October,
At the time, the latest cash flow analysis showed the city would be broke by
It's now February and the sale/leaseback deal still has not been finalized.
While the city continues to do what it must to meet payroll, Freeman-Wilson said at last week's council meeting deciding which vendors get paid on time and which payments become delinquent is a constant struggle for the administration.
The mayor could not be reached for further comment.
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