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Century’s Gas Department Made A Profit In December. That Has Not Happened In Long Time.
February 4, 2021
For the first time in recent memory, the Town of Century’s gas fund has actually recorded a profit for a month without the need to borrow operating cash from another department.
During the month of December, the gas fund had a $10,621 profit. Most months, including previous winters, the fund loses money and money is transferred in from special revenue, gas and garbage funds to keep the gas department afloat. In October and November, $52,404 was transferred to the gas department from other fund sources to cover losses topping $37,000.
During the four-year period ending in September 2019, Century’s gas department losses topped $1 million. That prompted the town to get to work replacing inaccurate residential and commercial meters and working on inaccurate billing.
In September 2019, the town could not account for 45% of natural gas purchased for resale. It was not leaking; it simply was not be billed due to those inaccurate meters and billing problems. In recent months, about 11% of the gas was missing from the books as the town works toward an even lower number.
“You are going to see those numbers trend downward,” interim City Manager Vernon Prather said.
Comments
7 Responses to “Century’s Gas Department Made A Profit In December. That Has Not Happened In Long Time.”
Mr. Alan, might I suggest that a “Good Job” might be in order?
I think this is good news.
From where I sit, the Town of Century has had decades of good people wanting to do a go job. When they got to the desk that found a list of things that were way tooo much without resources. You had McCall for years, whatever shortcoming he had were not really an issue, he stayed as long as he wanted and no real results. Mr. Hawkins sit in the chair and he has an immediate group of people who seem to wish him trouble. He made it easy to find fault with some of his actions but he was and is a good man. The mess he found and many of the issues that are to be address with this new mayor have been legacy issues. An honest assessment. Stop finding faults and work for solutions. Thank all those who agree to SERVE and treat them and everyone with respect.
Thankfully there is a mayor that has a head on their shoulders. Not one that runs and buys plane tickets with surplus funds. Good job Century.
This is what happens from good management and hard work! Now let’s have a good maintenance plan to prevent this from happening again! Good job!
Yes, Century may have its problems but the people that work for city are good people who, like the rest of us, are just out trying to make a living. This past week I had gas run to my house. They did a great job with the installation.
I have lived at this address over thirty years and during that time I have buried many water and electrical lines. They crew was incredibly careful, taking the time to locate each line before digging, then hand dug about twenty plus feet locating all the lines and when they were complete, the yard was leveled and raked down It looked great. So, thank you to the employees for a fine job.
And it only took the majority of a decade to recognize the problem existed and take care of it.
awesome..