WRAL-TV reports that the Edgecombe County town of Princeville is facing severe financial difficulties:
A move last week by the Edgecombe County town of Princeville to shut off water to about 200 customers who didn’t pay their bills has prompted some town leaders to speak out about concerns that the town is in dire straits financially.
“We don’t have any money. The town does not have any money,” Princeville Town Commissioner Ann Howell said Monday.
I’ve been doing the JLF’s By The Numbers Report on local government collection for more years than I care to admit. Princeville is one of those places that rarely files its required financial information with the state. So it’s hardly surprising that it’s broke.
