Allows Tabor City to transfer excess funds from its wastewater enterprise fund to its general fund.
This bill authorizes the Town of Tabor City to transfer excess funds from its wastewater collection, treatment, and disposal system enterprise fund to its general fund. This transfer can occur if the fund balance exceeds the requirements for operating the wastewater system, including closure and post-closure expenditures. The intent is to support other town services without affecting the operation of the wastewater system. This provision applies exclusively to the Town of Tabor City and becomes effective upon enactment.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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