Warm Winter: Good For Gas Customers, Bad For Century’s Budget

April 4, 2012

An unusually warm winter meant lower natural gas heating bills for Century’s citizens, but it was not such good news for the bottom line of Century’s annual budget.

During the December 2011 through February 2012 time period, the town’s revenue from natural gas sold to residents and businesses was down about 50 percent when compared to the same period one year ago.

“There’s less of a bottom line profit,” Robert Hudson, the town’s accountant, explained. The warmer winter, he said, “was just something that was very unusual compared to the prior year.”

But overall, Hudson said the town is on track with their annual budget. In fact, he said the town’s February budget numbers showed the town spent about $28,000 less than projected.

Comments

2 Responses to “Warm Winter: Good For Gas Customers, Bad For Century’s Budget”

  1. 429SCJ on April 5th, 2012 7:06 am

    As an all electric homeowner, I am ignorant of the LP gas utility system. Is it privately owned and taxed by the town of Century, or does the city own the network. within city limits? I remember walking to city hall in Atmore, with my Grandmother to pay the water and gas billl once, we almost got runover by the Humming Bird, crossing the tracks.

  2. David Huie Green on April 4th, 2012 5:31 am

    The town got less money because we got to keep more money.

    So sorry about that.

Written by William Reynolds · Filed Under News