Company’s error mini-windfall for town

  • Monday, January 14, 2013


The town’s $125,000 gain will be the county’s loss.
Summerville Town Council’s finance committee learned Monday that finance staff expect a check from Time Warner Cable for $124,661.
The reason: for the past three years Time Warner Cable has been sending E-911 funds meant for the town to the county instead.
County staff confirmed the company has asked for its money back. The county asked Time Warner for the tax map numbers for each parcel involved so it can confirm those funds were indeed meant for the town and not the county.
Not satisfied with the unexpected budget booster, Town Councilman Walter Bailey said the town should press for interest payments on the money.
“When Time Warner Cable found this error, we proactively reached out to the town of Summerville to make them aware and immediately made the payment. It is Time Warner Cable's policy to diligently ensure all tax liabilities are remitted in accordance with the law,” Time Warner Cable said in a statement.

Comments

Notice about comments:

Summerville Journal Scene is pleased to offer readers the enhanced ability to comment on stories. We expect our readers to engage in lively, yet civil discourse. We do not edit user submitted statements and we cannot promise that readers will not occasionally find offensive or inaccurate comments posted in the comments area. Responsibility for the statements posted lies with the person submitting the comment, not Summerville Journal Scene.

If you find a comment that is objectionable, please click "report abuse" and we will review it for possible removal. Please be reminded, however, that in accordance with our Terms of Use and federal law, we are under no obligation to remove any third party comments posted on our website. Read our full terms and conditions.

Upcoming Events
 Latest News
Print Ads
Latest Videos


The Gazette

© 2014 The Gazette an Evening Post Industries company. All Rights Reserved.

Registration on or use of this site constitutes acceptance of our Terms of Service, Privacy Policy and Parental Consent Form.