Kilbuck Township did not need to take out a tax anticipation loan this year, which resulted in a savings of over $1,000.

The loan normally would help pay for operating expenses until the township begins receiving tax revenue.

Township secretary Harry Dilmore reported at the regular meeting on Jan. 26 that the township had enough of a carryover from 2009 to be able to skip the loan this year. He said that the township saved about $1,200 that would have been paid in interest.

Dilmore said that should something happen and the township needs the money, the loan would take about two weeks to process.