Monday, April 16, 2012

Jefferson County goes head-to-head against creditors in court

It is Jefferson County versus creditors in court today. The two are fighting over how much sewer system revenues the county should be allowed to spend on legal fees and building projects to keep the system operating.

Creditors want legal fees for county attorneys to be considered extra expenses. They want annual capital expenditures to be low and suggest a sewer rate hike to cover legal expenses. If the judge does not approve the increase, creditors want the county to be forced to do a rate study, and raise rates by July 1st.

The county argues they need to do their own rate study and says all of this was covered in the judge's earlier rulings.

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