Plan To Eliminate Water District Advances
PLQUEMINE, La. (AP) — The Iberville Parish Council has unanimously voted to consider a proposed ordinance seeking to abolish Waterworks District No. 2.
The Advocate reports the council’s action Tuesday night followed reports of questionable financial practices by the water district’s former employees turned up by auditors.
The council plans to hold a public hearing and vote on the proposed ordinance during its Sept. 18 meeting.
The water district is governed by a seven-member board of commissioners.
According to a study the administration presented, the Parish Council needs to abolish the water district serving about 2,000 customers in the St. Gabriel area in order to restore sound financial management and public confidence.
The study found Waterworks District No. 2 owes about $2.1 million, but has about $2 million sitting in its cash accounts.
Information from: The Advocate, http://theadvocate.com