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Berkeley County Council diverts $100,000 Rainy Day fund

September 23, 2011

MARTINSBURG, W.Va. — Buoyed by strong revenue figures notched last month, the Berkeley County Council on Thursday diverted $100,000 to the county government's Rainy Day fund.

Council members also are mulling the allocation of another $100,000 toward the payment of bond debt.

With the fund transfer, the Rainy Day fund balance now stands at $817,000, Berkeley County Administrator Deborah Hammond said.

Hammond told council members that August revenue figures, including various types of tax generators, were strong.

Considering the plight of neighboring jurisdictions amid relatively difficult economic conditions, Hammond said the ability of the county to increase its Rainy Day was "a very positive situation" to be in.

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