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 October 18, 2021
Meeting this week are council’s Municipal Properties Committee, the Elkins Historic Landmarks Commission, the Elkins Parks and Recreation Commission, the Elkins Sanitary Board, and the Elkins Board of Zoning Appeals. Council meets Thursday. On Tuesday, at it 4 p.m. meeting at the […]
Read MoreCity Hall News: Week of February 6, 2023
Meeting this week are council’s Finance Committee, Rules & Ordinances Committee, Municipal Properties Committee, and Personnel Committee. Also meeting are the Elkins Tree Board and the Elkins Planning Commission. The Finance Committee meets Monday at 10 a.m. to review proposed budget revisions […]
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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