Rainy Day Fund

State Budget
10:48 am
Thu March 20, 2014

Gov. Tomblin Signs Budget that Taps Reserves

Credit Office of the Governor

West Virginia Gov. Earl Ray Tomblin has signed a budget that dips into millions of dollars in state reserves.     

Tomblin approved next year's budget Wednesday with some vetoes and reductions. It's not immediately clear which spending items were deleted or lessened.
 

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Legislature
2:18 pm
Fri March 14, 2014

W.Va. Lawmakers Pass Budget Relying on Reserves

Credit Ashton Marra / West Virginia Public Broadcasting

West Virginia lawmakers have passed a budget that dips into millions of dollars in reserves and gives public employees raises.
 
The Senate voted 25-9 and the House of Delegates voted 77-18 Friday to pass next year's budget. The bill would take $147 million from the state's $922 million Rainy Day Fund to cover a projected shortfall.
 

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Budget Woes
12:02 pm
Tue March 11, 2014

The Three Bills Lawmakers Need to Balance the Budget

Throughout the final night of the session, Delegates and Senators could both be seen on the floors of the opposite chambers advocating for issues they support.
Credit Ashton Marra / West Virginia Public Broadcasting

Members of the legislature are feeling the backlash of bills that failed on the final night of the session. There are three specific bills that are putting not only this year’s, but also next year’s budgets in jeopardy. Jeopardy of a lowered bond rating, something lawmakers do not want to let happen.

On the final night of the legislative session there were two bills that needed to pass—Senate Bill 344 and 345—in order to supplement the finances of some pretty important programs.

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Legislature
3:51 pm
Mon March 10, 2014

W.Va. Lawmakers Finalizing Budget, Tapping Reserves

Credit Ashton Marra / West Virginia Public Broadcasting

West Virginia lawmakers are working out kinks in a budget that gives public workers raises and digs into reserves.
 
The House of Delegates and Senate are meeting this week to finalize the state spending plan for next fiscal year.
 House of Delet

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Legislature
3:47 pm
Thu February 20, 2014

W.Va. Statehouse at Odds on Budget

Credit Ashton Marra / West Virginia Public Broadcasting

The House of Delegates and Senate are at odds on how best to balance West Virginia's budget.
 
Senate propositions to raise sales and cigarette taxes were dismissed by the House in a closed meeting Thursday.
 

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Paving Cycle
4:54 pm
Wed February 19, 2014

Senator Says Rainy Day Fund Could Be Used to Improve Roads

Members of the West Virginia Senate.
Credit Ashton Marra

At the legislature Wednesday, one Senator urged his colleagues to take action on a hotly debated topic, the condition of the state roads. He’s asking fellow lawmakers to take action this session to improve paving across West Virginia.

Senator Robert Plymale stood at the end of the upper chamber’s morning floor session to bring attention to an issue often talked about in the legislature, but one he says lawmakers have failed in recent years to take action on.

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