The Suffolk County, N.Y. legislature approved a budget for 2014 on Wednesday that includes tax anticipation notes equal to 14.3% of 2014 expenditures.
It authorizes the sale of up to $410 million in tax anticipation notes. A source at the county's comptroller's office said the county expects to sell that amount on Dec. 11. The notes would be expected to mature in mid-August 2014. These dates are preliminary, she said.