MOUNDSVILLE – Moundsville City Manager Rick Healy this week presented City Council with his 2025 year-end report highlighting the city’s finances and more during the past year.

He said the report provides a snapshot of the city and the efforts made by all departments and employees to make Moundsville a better place to live and work.

Regarding finances, Healy said the total projected revenue for fiscal 2025-26 is $18,844,091. Of that amount, $10,145,518 is new revenue and the remainder is carryover funds.

He noted new revenue is slightly ahead of the previous fiscal year.

The city’s biggest source of revenue continues to be the Business & Occupation Tax estimated at $2.750 million or about 27% of the new revenue.

The next largest source of revenue is Municipal Sales Tax funds, estimated at $2.3 million.

“Together they account for almost half of the new revenue,” Healy said. “Any changes to the B&O or Municipal Sales Tax statutes that reduce these could seriously damage the growth and progress in the city.”

He added that there continues to be state legislation introduced to “attack” the revenues, mainly the B&O.

“An overall elimination is highly unlikely without a mechanism to backfill. However, reducing one or the other of our prime revenue sources would be detrimental,” he said. “The overall fiscal picture of the city is strong, with Municipal Sales Tax continuing to provide the extras that are improving the quality of life that the citizens deserve – even while funding the construction of a new municipal public safety building.”

The 1% Municipal Sales Tax allows the city to purchase new vehicles and equipment.

And during 2025, it also provided $355,709 toward the street paving program; $22,311 toward blighted home demolitions and asbestos inspections and abatements; $18,624 toward repairs and upgrades to the recycling building; $4,353 for a drone and related gear for the police department; $4,034 for landscaping and sign brackets for banners for the Historic Landmarks Commission; $6,469 for property purchases and training for the Land Reuse Agency; $7,457 for On Trac grants and events; $25,000 to help the Marshall County Historical Society purchase a new museum building; and funds were also used to pay the debt service on the new municipal building being constructed.

And because of the city’s continued fiscal stability it was able to give a 5% pay raise to all employees and maintain a fully paid health insurance premium.

Healy also touched on economic development in the city listing 18 new businesses that opened in 2025 including: La Bella Hair Salon, Salvation Army, Wild Bill’s Tobacco, the Beauty Den, RF Mobile Services, Hometown Care, Wolfpack Barbershop, Grave Creek Botanical, Adam’s Trophy Club, Hemp Adventures, You Nailed It Salon, JOY Sports Center LLC, Take 5 Oil Change, Linx Community Services, Achieve Behavioral Health, Geo’s Pizza, Kathy Kitchen at the fairgrounds and Warehouse of Hope.

He noted construction of a new Sheetz gas station and store along W.Va. 2 began in late 2025 and is ongoing.

In his overview of the year, Healy also talked about the massive fire that destroyed several buildings in the business district on March 7. He said the city is continuing to seek proposals for redevelopment of the empty site now.