Butte County gearing up for the issuance of I-O-U’s by the state of California. Sang Kim with Butte County Administration says those involved with Health and Human Services will be hurt the most, but the state’s lack of a budget will affect all county operations.
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For instance, the Sheriff’s Department and District Attorney get state funding or grant money. The last time the state issued I-O-U’s was in 1992. He says that only lasted a few weeks and banks accepted them, but there’s no guarantee banks will accept I-O-U’s now.
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