Alabama County Officials Delay Chapter 9 Decision Again
One of the sticking points has been sewer rates, which have already increased by an astonishing 329% over the last decade, according to county commissioner George Brown.
Speaking for the Birmingham Business Alliance, James McManus II said he hoped the commissioners would be able to reach a settlement negotiation, rather than filing for bankruptcy.
"In a bankruptcy scenario, there can be no assurance the sewer rates will be lower than under a negotiated settlement and the county's ability to solve its general fund problems will likely be stymied," McManus said in a statement on Tuesday. "A bankruptcy is likely to impair economic development and job creation in this area for years to come," he warned.