File Photo by Eric Ayres
WHEELING Passing three quarters through the current fiscal year, the city of Wheeling remains on solid ground with its finances, despite a COVID-related shortfall in revenues that is approaching a half-million dollars.
Members of the Finance Committee of Wheeling City Council recently reviewed the city’s March financial report, which marked the completion of the third quarter of the current fiscal year that started in the midst of the pandemic in July 2020. Wheeling City Manager Robert Herron said revenues for last month alone were noticeably down compared to last year.
“Revenues for the month of March were $2,632,000,” Herron said, noting that city revenues for March of 2020 came in at around $2,764,000. “So it’s about $140,000 less than last year at the same time.”