The cash-strapped Commonwealth Utilities Corp. disclosed Friday that its three biggest customers\u2014the central government, the Commonwealth Healthcare Corp., and the Public School System\u2014paid only 66 percent of the $20.9 million that was billed them in fiscal year 2013.<\/p>\n
CUC chief financial officer Charles Warren reported to the board that the agency\u2019s collection from these three biggest users totaled only $13.942 million last fiscal year. <\/p>\n
The public hospital made the lowest payment in fiscal year 2013 at $1.774 million\u2014just 28 percent of the $6.388 million in total charges for the year. <\/p>\n
Since the start of fiscal year 2014\u2014as of April 30\u2014the CHCC paid only $870,892 for its utility consumption. This represents just 22 percent of total charges assessed CHCC this fiscal year, which is $3.983 million. <\/p>\n
CHCC\u2019s actual payments made to CUC in fiscal year 2013 and 2014 were the lowest compared to PSS and the central government.<\/p>\n
According to Warren, PSS had made a total of $2.311 million in actual payments in fiscal year 2013, which is 55 percent of the overall charges for the year, totaling $4.219 million.<\/p>\n
As of April 30, 2014, the system paid just $1.6 million of the $2.786 million in total charges assessed since the beginning of fiscal year 2014 in October. This payment represents 58 percent of total charges for the year. <\/p>\n
Warren reported that the central government made the biggest payment among the three customers since fiscal year 2013. Records show that actual payment last fiscal year was $9.856 million\u2014or 95 percent\u2014of the total charges of $10.364 million.<\/p>\n
In fiscal year 2014, the central government\u2019s payments since October amount to $4.632 million\u2014or 84 percent\u2014of total charges amounting to $5.510 million.<\/p>\n
Based on CUC records, the average monthly charges for the three customers are the following: CHCC, $663,961; PSS, $464,385; and the central government, $918,357. <\/p>\n
CUC and CHCC are currently in litigation over the hospital\u2019s mounting arrears, while negotiations are ongoing with PSS and the central government.<\/p>\n","protected":false},"excerpt":{"rendered":"
The cash-strapped Commonwealth Utilities Corp. disclosed Friday that its three biggest customers\u2014the central government, the…<\/p>\n","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[666,49,40,244],"class_list":["post-37457","post","type-post","status-publish","format-standard","hentry","category-local-news","tag-chcc","tag-cuc","tag-pss","tag-utility"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/37457","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/comments?post=37457"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/37457\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=37457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=37457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=37457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}