HUNTINGTON, WV (LOOTPRESS) – The City of Huntington Finance Committee convened on Monday, June 27 for a session during which the budget for the fiscal year and general budget were reviewed.
City of Huntington Budget Manager Scott Arthur presented to the committee Resolution 2022 R-61, Budget Revision Number 1 to the 2022-2023 Coal Severance Fund Budget.
The resolution, due to the state by July 15, “increases the projected beginning fund balance by $40,000 to reconcile with the expected fiscal year 2022 ending fund balance,” Arthur explained.
It was voted by Councilman Jackson that the resolution be sent to full council with a favorable recommendation. This motion was seconded by Councilwoman Walling and sponsored by Jackson.
City Comptroller Rick Montgomery also spoke at Monday’s meeting, presenting the May 2022 financial statements of the primary government for review. It was reported that as of May 31, 11 months and 92% through the fiscal budget of 2022. General fund revenues were reported at $56 million, or 104% of the budget, while expenditures totalled $57.7 million, or 70% of the budget.
Other items discussed during this session included funding with which to furnish the Huntington Police Department with night vision optics, though this request was ultimately pulled.
Chief Calder of the Huntington Police Department spoke at the session, pointing out a discrepancy in the request pertaining to quantity. As such, Calder requested that the item be pulled for resubmission later with the appropriate quantity amounts.
Additional LOOTPRESS coverage of Monday’s meeting of the City of Huntington Finance Committee can be found here.