BWD Board of Trustees Finance Committee

Wednesday - April 14: The BWD Board of Trustees Finance Committee met Wednesday morning at the Water Treatment Plant. Present at the meeting was Finance Committee Members Bob Wines & Gene McGaffick, Board President Mike Ryan, Fiscal Officer Sara Crouch and District Manager Al DeAngelis. The purpose of the meeting was to prepare the monthly Treasurer's Report for the Board meeting.

Overall there was nothing out of the ordinary according to Fiscal Officer Crouch. March receipts was $296,516 and expenses totaled $197,262 putting the month's revenues $99,000 to the good. It was noted account receivables have been picking up since the first of the year.

Crouch reported that only $100,000 from the CD account has been transferred to the Enterprise Account. Last month the Trustees approved the transfer of $300,000 to avoid paying service charges. Crouch stated the transfer of the other $200,000 is being delayed until needed. It is earning interest as long as it stays in the CD account. Cash on hand to pay bills stands at $222,092 presently.

For the month of March the Water Treatment Plant produced 25.5 million gallons of water. Wellsville used 5.6 million gallons of that amount. Crouch noted that the Wellsville total was down for the month. Village customers used 6.2 million gallons in February. McGaffick noted the cost to produce 1,000 gallons of water has increased 70 cents since opening the new Water Treatment Plant.

The Village of Salineville used 1.9 million gallons of water in March. Accounting for Salineville is kept separately until they are tied into the new water line. That does not include the cost of manpower.

It was noted that 24.6% of BWD revenue goes to wages. According to President Ryan keeping that figure under 25% is considered to be good but it's the Board's goal to get down to around 20%. Getting Salineville on-line and closing their aging Water Treatment Plant is considered being a step in the right direction. However, no reduction in force when that occurs is currently being anticipated according to Ryan. It will have to be accessed when it happens but there are many little jobs being anticipated. Overtime was up a bit for March. Most of it was due to waterline breaks in Salineville and work at the Elkton Prison.

Crouch noted that at a recent conference she attended that she learned that water districts are being considered for Jefferson County and to combine Boardman, Canfield and Austintown.

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