Tri-City Ledger -

By Gretchen McPherson
Ledger Staff 

Jay council OKs transfer for bills, eyes park grant

 

November 8, 2018



The Jay council approved the transfer of $28,000 left in the Sinking Fund to the General Fund to cover bills Monday night.

The town's bills include a $7,000 gas payment, payroll, $10,000 annual fee for Black Mountain annual fee, and insurance is $13,000. Operations Manager Eric Seib said the transfer will assure the bills are paid until revenue is collecting in the month of November.

The Sinking Funds were left over after paying off the water treatment plant.

From the October 15 water and gas meter reads, there was an estimated $78,509 revenue, almost a 50 to 60 percent increase in revenue....



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