Roanoke to weigh funding options for utility project

Huntington County Tab:

The Roanoke Town Council will decide how to fund capital improvements to the town's water utilities at its next meeting on Tuesday, Sept. 18.

Greg Guerrettaz, of Financial Solutions Group, Inc., was present at the Sept. 4 meeting to answer any questions council members might have regarding the municipal water utility rate review he prepared.

The review analyzed receipts and disbursements, cash balance and all pertinent information regarding the town's water utilities, using information for the 2011 calendar year. Additionally, the review provided the council with two ways to fund the list of capital improvements to the water utilities it approved on its June 19 meeting.