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Lumberport clerk reports $358,360.41 across funds; water-rate increase noted
Summary
Town Clerk reported combined balances of $358,360.41 across multiple funds including ARPA $190,138.05 and General Fund $70,940.68; clerk also said a water-rate increase is anticipated in the coming months.
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The Town Clerk presented the monthly financial report at the May 5 meeting showing combined fund balances of $358,360.41. Key fund balances reported were: ARPA $190,138.05; General Fund $70,940.68; Water Fund $23,528.88; Utility Credit Card (clearing) $31,240.32; and smaller special funds for coal severance, community center and fire fees.
The clerk also noted "Water rate increase in upcoming few months" and said the office is still searching for an office employee but has a promising lead. Council member Thomas Exline moved to accept the financial report and Council member Micheal Stire seconded; the motion carried.
No FOIA requests were reported for the period, and the clerk listed utility and payroll clearing balances in the report.
