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Clear Spring briefs

December 11, 2007|By DAN DEARTH

Water, sewer rate increase discussed

CLEAR SPRING - Clear Spring residents could see their water and sewer rates increase next year to compensate, in part, for a $73,627 operating loss in those funds during fiscal year 2007, town officials said.

Mayor Paul D. Hose Jr. and the town council on Monday were given an update on Clear Spring's financial performance over the last fiscal year by Pat Kline, a Hagerstown-based independent auditor.

Kline suggested that the council should consider increasing water and sewer rates. In the last fiscal year, the water fund lost $951 and the sewer fund lost $72,676, Kline said. He attributed the shortfall to a decrease in usage.

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Despite the losses, the town is in pretty good financial shape, Kline said. The town's net assets for the last fiscal year were about $3.1 million, he said.

Hose said the council would look into raising water and sewer rates, which haven't been increased in about four years.

Councilwoman Carol Hovermale proposed that the council should raise the rates a little in 2008, rather than put it off and face an even higher increase a few years down the road.

The amount of the increase was not discussed.




Mayor, council members sworn in

CLEAR SPRING - Mayor Paul D. Hose Jr. and council members Theodore and Carol Hovermale were sworn in Tuesday after winning re-election earlier this year. Hose said their two-year terms will begin Jan. 1.

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