CHARLESTON, West Virginia — An online billing program offered by the West Virginia Treasurer's Office is making it easier for local governments and other entities to manage their finances.
The LGov program helps local entities process their bills, reduces paperwork and gets money into the system faster, Treasurer John Perdue told the Charleston Gazette (http://bit.ly/1qwqdpX ).
"When people and cities do business online, they can pay their bills and get their own money a lot faster. This makes it a lot easier on towns and cities. We hope our program will develop into a lot more things than we are doing already," Perdue said. "Technology is the answer for the future."
Users of LGov typically make payments through a website maintained by the local government or other entity, such as a public service district. The payments are routed through the treasurer's office's secure computer portals, and then deposited into a Board of Treasury Investments account.
During the 2014 fiscal year, the treasurer's office processed $3.4 million in electronic receipts from 11 different government bodies, up about $1 million from the previous fiscal year.
"We can invest for towns, cities and other municipalities. We can do short investments. It is a great opportunity, especially for the small towns and cities. We can help them with many different things," Perdue said.
The program's largest user was the city of Fairmont. It processed about $1 million in utility collections for the city, along with $126,000 from residents and local businesses to pay other fees, parking fines, business and occupation taxes and business license fees.
"The city of Fairmont joined the program relatively early on," Eileen Layman, Fairmont's finance director, told the newspaper. "We were looking for a vehicle to offer our customers to pay their bills online and process credit card transactions through the Internet."
Other cities using the LGov system include Hurricane, Dunbar, Shinnston and Eleanor. The Lubeck Public Service District, the Sissonville Public Service District and the Cabell County School Lunch Program also use the system.
Information from: The Charleston Gazette, http://www.wvgazette.com