November 16, 2007 - 12:00am
By YunYun Cai
Similar to the use of Big Red Bucks on Cornell campus, Ithaca Hours, a local currency for city residents, are an alternative to the U.S. dollar. Hours can be used to purchase goods and services, as well as pay partial or full wages to Ithaca employees.
Last night, the local currency system celebrated its 16th year by hosting its annual meeting at Borg Warner Community Room of the Tompkins County Public Library. The meeting enabled community members to learn about Ithaca Hours and meet members of the Ithaca Hours Board of Directors. Participants were given the opportunity to apply to be on the Board or vote for new Board members. Steve Burke ’81, president of Ithaca Hours, gave a presentation about the organization.
