Funding Sanctions
The Tennessee Board of Utility Regulation ("TBOUR") has issued orders prohibiting the local governments listed below from issuing debt or receiving grants related to their utility systems. Local governments may request approval of capital funding from Board staff if they seek to issue debt or receive a grant. These sanctions shall remain in effect until otherwise ordered by the Board or staff acting on behalf of the Board.
| Utility Name: | Reason for Prohibition: |
|---|---|
| City of Decherd | Delinquent Audits |
| City of Friendship | Delinquent Audits and Failure to Comply with Board Orders |
| City of Moscow | Delinquent Audits |
| City of Sharon | Delinquent Audits |
| City of Tennessee Ridge | Delinquent Audits |
| City of Watertown | Failure to Comply with Board Orders |
| New Market Utility District | Failure to Comply with Board Orders |
| Town of Big Sandy | Delinquent Audits |
| Town of Gibson | Delinquent Audits |
| Town of Livingston | Delinquent Audits |
| Town of Lynville | Delinquent Audits and Failure to Comply with Board Orders |