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Chair opens hearing on $40,000 transfer from utility fund to general fund; residents warned rates could rise if mine revenue stops
Summary
Scofield Town held a public hearing June 9 on a proposed $40,000 transfer from the utility fund to the general fund for fiscal 2026; staff said the transfer supports town operations and projects, while residents voiced concerns about dependence on mine-related revenue and possible water/sewer rate hikes if that revenue stops.
The chair called a public hearing June 9 on a proposed transfer of $40,000 from Scofield’s utility fund to the general fund for fiscal year 2026, saying the money would support general town operations and planned improvements.
A staff member told those attending the transfer is intended to cover costs that enterprise (utility) revenue does not typically pay for — payroll, accounts payable, human resources, phones and internet, insurance, building and park maintenance and street lights — and said the move can help keep property taxes lower. “It helps keep our taxes down a little lower,” the staff member said.
The Nut Graf: Town officials described the transfer as a routine accounting move used when enterprise funds (like water and sewer)…
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