• Tygarts Valley 59Hannan 8Final[ view all ]
  • Sissonville 26Liberty 7Final[ view all ]
  • Doddridge County 27Valley Wetzel 7Final[ view all ]
  • Clay-Battelle 20Van 12Final[ view all ]
  • Lewis County 42Elkins 0Final[ view all ]
  • Braxton County 13Webster County 12Final[ view all ]
  • Grafton 50Lincoln 49Final[ view all ]
  • Robert C. Byrd 56North Marion 21Final[ view all ]
  • Morgantown 21John Marshall 6Final[ view all ]
  • Pendleton County 50Tucker County 6Final[ view all ]
  • Magnolia 34Tyler Consolidated 0Final[ view all ]
  • University 29Preston 25Final[ view all ]
  • Fairmont Senior 35Buckhannon-Upshur 27Final[ view all ]
  • Notre Dame 34Gilmer County 13Final[ view all ]
  • Saint Marys 42South Harrison 7Final[ view all ]
National News | Closings | Funerals | HighScore | Monday's Most Wanted | Crime Watch | TV Listings | Lottery | Bio's | FCC File | More ›
Morgantown Facing $800,000 Shortfall In Taxes
Written by Andrew Forgotch
Last updated on May 22, 2013 @ 7:19PM
Created on May 22, 2013 @ 5:55PM
It looks like city officials in Morgantown need to get use to the color red. That's because they're facing a shortfall of $800-thousand.
Morgantown City Manager, Jeff Mikorski, told 5 News that shortfall is due to the fact that projections for the taxes they would get from construction was admittedly higher than they should have been. He said luckily that shortfall really won't have an impact on services provided by the city.
Mikorski said officials started noticing some red flags in the beginning of this year. That's when they started looking at some of the revenues that were projected to come in this year.
Mikorski said the reason they're so far in the hole is because several projects in town have been delayed. That's also why city officials are making changes to the current budget.
Mikorski mentioned folks who live in Morgantown won't see much of a change. That's because that money doesn't go their general fund, which helps pay for fire and police services. He said it also means no one will lose their job and no services will be cut.
The only difference folks will see is that there will be a few less construction projects that take place.
Mikorski mentioned that it'll probably take two years for the city to get back on track.
"People shouldn't be worried about the services that we provide being impacted by this," he said. "We're making modifications to this budget and the next year's budget to offset a lot of those delays."
Mikorski added that the city is seeing an increase in their capital escrow fund, but he mentioned  again that won't make up the entire difference.
City council members are supposed to take another look at these changes at their meeting the first week of June.

Add your Comment
You must have an active WDTV.COM user account to post comments. Please login to your account, or create your free account today!

Comments (0)
WDTV on Facebook
WDTV on Twitter
WDTV on YouTube
Contact WDTV
WDTV Mobile App