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 May 9, 2022
Meeting next week are the Elkins Water Board and council’s Public Safety Committee and Personnel Committee. City hall is closed Tuesday for the West Virginia Primary Election, but trash will be collected on the usual schedule. The Public Safety Committee meets Monday […]
Read MoreCity Hall News: Week of Oct. 17, 2022
Meeting this week are the Elkins Sanitary Board, the Elkins Historic Landmarks Commission, and the Elkins Parks and Recreation Commission. Also meeting is council’s Municipal Properties Committee. Council meets Thursday at 7 p.m. The Sanitary Board meets Monday at 10 a.m. There […]
Read MoreSome Elkins Water Customers May See Higher Bills
Accounts with past estimated usage are most likely to see increases Elkins, W. Va., May 21, 2021: Water meters are being replaced throughout Elkins, and some customers may see higher bills as a result. This is not because of a rate increase […]
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