Ted Henifin: JXN Water in ‘cashflow crisis’

JACKSON, Miss. (WLBT) – Interim Third-Party Manager Ted Henifin is continuing to sound the alarm about the financial situation with JXN Water.

“JXN Water is in a cashflow crisis, unable to meet all financial obligations as of the end of Q1,” he said in his latest status report.

Henifin, who took over Jackson’s water and water billing systems in late 2022, is required to file quarterly reports with the U.S. District Court every three months…

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