Town Council Discusses Rates
April 12, 2017
An increase in water and possibly sewer rates may be imminent for residents in Whitehall.
At the Monday Town Council meeting, Mayor Dale Davis said the State of Montana Board of Investments would not let the town apply for the bonds or loans until the town has paid off a previous loan from a $59,000 bond issued in 1997 for a water project. The last payment is $6,400. Currently the town has $5,800 in the reserve account for that payment and will be looking at the budget to make up the $600 needed.
Requirements made by a bond counsel for rate increases must be set to generate net revenues...