Commission members discussed on January 15 the budget totals for six months, which ended on December 31, 2008.
The gas department’s revenue was $1,702,170, and the expenditures were $1,974,932.
Utilities Chairman Bob Crawford said the department should be able to recover the loss in revenue, during the first part of 2009’s billing cycles.
“We are showing a larger loss now,” Crawford explained, “because of the way we pay for gas on our nominations. It is more of a level billing for us now than when it used to be. We will see a spike in revenues during the months of January and February, allowing us to recover those numbers.”
The water department showed $879,940 of revenue coming in, and $874,951 in expenditures.
Revenue for the sewer department was $910,284, and expenditures were $747,017.
“During the next six months coming into our fiscal year,” Crawford mentioned, “all departments should be showing a net gain of revenue versus expenditures. We are not here to be a profit center, but we do not want to lose either. We are on track of where we need to be right now.”
In other business:
• Despite seeing a decrease in natural gas prices towards the end of 2008, city customers will see an increase during the March billing cycle.
Commercial customers will have to pay $11.25 per thousand cubic feet, and retail customers will have to pay $11.60. The initial rates were $10.65 for commercial customers, and $10.90 for retail.
• Sewer work for Judge Kenneth H. Goff Drive was approved to begin in February.
The contract will start on February 16, and the crew will have until the middle of June to complete it.