The Town of Century cannot account for 58 percent of the natural gas it purchases for resale and is facing a projected loss of $188,000in the fiscal year.
At a budget workshop held last Friday in Century, CPA Robert Hudson said the new installation of gas meters and changing out old ones should result in an increase in the gas fund.
Councilwoman Ann Brooks asked Hudson about the gas income increase from $400,000 to $450,000 and Hudson pointed out that changing out the old meters will show an increase.
“We will get the meters in and just watch it trickle to the bottom line,” said Hudson....