``We are trying to find out what we are going to do without any money,'' Clerk Administrator Pat Anduze said Tuesday. ``We don't have any money.''

Money is due to the city but not until the end of June, Mrs. Anduze said. The city has collected the majority of the money it will have for the fiscal year, but it still has the rest of April and May and June to go through with no cash flow, she said.

Council members will face some tough choices during today's meeting, Mrs. Anduze said.

``Come July 1, unless we have some money there, it can be the very extreme of furloughing employees and curtailing services and things of that nature,'' the clerk administrator said.

At today's meeting, council members are expected to discuss the possibility of seeking a general obligation bond or a tax-anticipation note. But there are problems with both options.

Mrs. Anduze said Denmark might not get a general obligation bond because the city had a disclaimer on its last audit based on financial irregularities and bad record-keeping. A tax-anticipation note could spell future problems for the city, she said.

``You are just putting off the inevitable because if you get your tax money now instead of January, what are you going to do when January rolls around,'' Mrs. Anduze said.

Today's meeting comes as the South Carolina State Law Enforcement Division continues to investigate how this Bamberg County city went from a $600,000 surplus in 1995 to more than $600,000 in debt last June.

The FBI and the South Carolina Forestry Commission also are conducting investigations into the past operations of the city. The FBI is probing the transfer of money from the city's water and sewer fund to the general fund.

That is a possible violation of the bond through the South Carolina Rural Development Association, which is a division of the U.S. Department of Agriculture. The state Forestry Commission is looking into the possible illegal sale of city-owned timber last year.

Asked about today's emergency meeting, Mayor Carolyn Davis, who has continuously denied that the town is in financial trouble, said, "The purpose of it just to discuss the financial condition of the city.''

Reach Greg Rickabaugh at (803) 648-1395.