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 April 4, 2022
Meeting this week are council’s Finance Committee and the Elkins Tree Board. Council meets Thursday. The Finance Committee meets Monday at 10 a.m. to review requested FY 2022 budget revisions and grant opportunities for the Elkins Fire Department. The Tree Board meets […]
Read MoreElkins Announces New GIS Department
Elkins, W. Va., March 31, 2021: The establishment of a new department within the Elkins city government will enable City of Elkins to take even better advantage of modern digital tools and techniques for analyzing and presenting important data. Ben Martin, formerly […]
Read MoreCity Hall News: June 15-19, 2020
Elkins, W. Va., June 13, 2020: Monday commences the fifth week since Elkins City Hall reopened to the public. Before visiting, please review the safety precautions on this page of our website: www.cityofelkinswv.com/visiting-city-hall-pandemic-expect. On Monday, at 3:15 p.m., the Elkins Sanitary Board—the […]
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