2013 Billing Terms Policy

Sunny Meadows Missoula County Water and Sewer District

Policy

Policy Title: Billing Term Policy

Subject Area: Finance

Date Adopted: 09/05/2013

Date of Last Review: September, 2013

Next Required Review: September, 2016

POLICY STATEMENT

It is the policy of the Sunny Meadows Missoula County Water and Sewer District (SMWSD) that all items billed by the district be due 30 days after issuance.

Purpose

The purpose of this policy is to simplify district procedures so that all items billed by the district will have the same terms and aging periods.

Current procedures result in late fees and finance charges being due immediately, resulting in confusion and incorrect handling of payments processed.

General guidelines

 

  1. All items billed will be issued with the same term : due 30 days after invoice.