What will Carbon do with $11 Million?
The sale of the Carbon County Nursing Home and Rehabilitation Center is in the works and the price tag has been announced, but what will Carbon County do with the $11 million Guardian Elder Care is paying for the facility?
According to the county commissioners, they're not 100 percent sure yet.
Commissioner William O'Gurek, chairman, said that there are grants and loans that need to be paid off after the sale is finalized.
He noted that Carbon will not receive the full $11,050,000 because closing costs, realtor fees and other fees associated with the sale will be taken out before Carbon gets paid.
After that, the county hopes to replenish some of the general fund, which was getting depleted over the last few years as a result of Weatherwood's $3 million deficit.
In addition to that, the board is in agreement that they are looking into creating some type of interest bearing account that will be reserved for future capital projects or things of that nature.
"As commissioners we will continue to try to run the responsible level of government that we think we have in terms of finances," O'Gurek said.
He also noted that the sale will ensure that Carbon County residents will be able to rest easy when it comes to determining whether the county needs to raise taxes.
"Without predicting, I think we can say there will be no increase in taxes in the near future," O'Gurek said, adding that Carbon has not had a tax increase in eight years.
Commissioner Charles Getz added that he would like to see a fund created to make sure future commissioners do not spend the money from the sale foolishly on things that the county does not need.
Commissioner Wayne Nothstein said he hopes the county will be able to utilize it for years to come.