9/11/2023 0 Comments E billing systemsIn January, Henifin released a proposal calling for a monthly cap on water fees for homes and commercial properties. But it is unclear whether the city can develop a plan that complies with a new state law. The city would eventually transition back to a meter-based system, Henifin said. The rate would be applied based on the square footage of properties rather than how much water, measured through meters, properties use. In the meantime, his team is developing a temporary rate structure based on a “property attribute” like square footage. Henifin said the city needs time to earn back the trust of residents. Henifin said the city will create guardrails for people who can’t afford to pay their bills.Īs a result of the faulty Siemens meters, few people believe their water bills are accurate. On top of the debt, the city needs enough dollars for costly improvements to a water system that has fallen into disrepair. About $23 million of that is private bond debt the city must pay annually, Henifin said. The city needs to pay down about $280 million in outstanding debt on the water system. “In order to do that, we have to get the debt off the books.” “We need to get our financial house in order for the water system,” Henifin said. The revenue losses sharpen the financial strain of the hefty debt burden Jackson faces for its water system. The uncollected bills equate to about $50 million a year in lost revenue for the city, where roughly a quarter of residents live in poverty. ![]() That compares to an industry-standard above 95%, he said. Ted Henifin, appointed in November by a federal court to help improve Jackson’s troubled water system, told reporters the city is collecting about 56% of the water fees it issues. (AP) - Mississippi’s capital is collecting only a little more than half of the money it bills for water use, far below the rate at which most American cities obtain such fees, Jackson’s federally appointed water manager said Monday. This electronic billing system is so flexible that you can cope with any request, regardless of how convoluted it is.JACKSON, Miss. This gives your customers the flexibility they may need to aggregate subscriptions, usage, invoices and payments into a single corporate account, while distributing the revenue across the constituent "child" accounts. You can set up customer account-hierarchies to represent everything from consumer households to departments in global companies. Whether you're selling to consumers, to small businesses, or to large enterprises, Zuora gives you the electronic billing system capabilities you need. In addition, you have visibility into every subscription history and can consolidate that data to understand what's working and what's not. Zuora's electronic billing system does it all. You need a "Renew" button, an "Upgrade" button, and an "Add-On" button. That means you need more than a "Buy" button. Many companies need to guide their customers from free or entry-level services into premium offerings over the relationship lifetime. You can set up free trials, offer discounts and launch promotions. You can combine one-time, recurring, and usage based pricing schemes. You can specific any kind of recurring billing period, get paid up-front, or space our the payments at any interval you want. Zuora's electronic billing system gives you the tools you need to optimize your service price. The key to a successful subscription service is pricing flexibility. Regardless of your electronic billing system needs, Zuora's capabilities have you covered. Zuora offers the industry's most advanced recurring electronic billing system that was built from-the-ground-up for subscription businesses of any-size, in any-industry.
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