WEBSTER COUNTY, Ky. (7/17/13) - The Webster County Water District handled a short agenda on Thursday morning. A review of the district’s finances showed them to be in a favorable position.
Superintendant Paul Lashbrook informed the board that a $4 million bond they had received in 1999 for the raw water plant was now under the $1 million mark. As of the last statement the remaining balance was $998,675.
“That’s a good deal,” he said. “Fourteen years ago we had a four million dollar balance, and now we’re under a million. After next August we’ll have another eleven thousand freed up to put towards it.”
The additional funding will come from Kentucky Rural Water Finance Bond 2002B scheduled to be paid off in August of 2014.
“The only expenses we’ve encountered this year that we haven’t in the past is because some of the instruments at the treatment plant are 14 years old,” Lashbrook reported. “Some of them are starting to wear out.”
For the fifth time in six months, production was lower at the treatment plant than it was in 2012. 28,979,000 gallons of water were treated in June, that’s 2,696,060 gallons less than a year ago. There were 19.2 fewer hours worked during that period as well.
At the end of the meeting the board entered a closed session to discuss personnel matters.
J-E News Editor
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