No Alternate Sources for Water System Funds
Council is considering an emergency water-rate increase recommended by the Elkins Water Board.
Some customers have asked if there is any other way the water system can obtain the funds it needs to continue operations. For example, could sales-tax proceeds be used?
The short answer is no. West Virginia utilities are required to be run as self-supporting, standalone businesses, supported by rates paid by customers. Utilities are prohibited from accessing tax and other revenues from a city’s General Fund. See the below graphic for more information.
- More about governmental fund accounting: https://coe.zwinggi.co/government/treasurer/explainer-governmental-vs-proprietary-funds/
- Water rate FAQ: https://coe.zwinggi.co/2022-water-rate-increase/
City Hall News: Week of March 14, 2022
Meeting this week are council’s Public Safety Committee, Finance Committee, and Personnel Committee, as well as the Elkins Historic Landmarks Commission and the Elkins Parks and Recreation Commission. Council meets Thursday. The Public Safety Committee meets Monday at 10 a.m. On the […]
Read MoreDavis Medical Center Press Release: Revised Patient Visitation Rules
ELKINS, WV – Starting this week, some patient visitation rules at Davis Health System hospitals will be relaxed. Stricter guidelines were put in effect amid the Coronavirus pandemic which began in March, 2020. Health system officials hope lessening those strict rules will […]
Read MoreDid the city really spend $45,000 on downtown flowers?
Did the city really spend $45,000 on downtown flowers?
Read More