Rainy Day Fund

West Virginia Morning
West Virginia Public Broadcasting

On West Virginia Morning, Glynis Board reports on a study that shows drinking water is laced with toxic chemicals and Ashton Marra talks with Revenue Secretary Bob Kiss about how the state will pay its share of the bill for flood repairs. 

These stories on West Virginia Morning from West Virginia Public Broadcasting – telling West Virginia’s story.

Gov. Earl Ray Tomblin expects to take about $50 million more from reserves to cover a pressing budget hole.

The Democrat said Wednesday that the Rainy Day Fund money would help West Virginia get through the current fiscal year ending June 30. Tomblin used reserves and cuts to cover a 2016 gap of about $353 million.

The Legislature Today
West Virginia Public Broadcasting

  As the 2017 budget deficit looms, members of both chambers are looking for ways to balance the budget in a tight fiscal year. 

Senate President Bill Cole says additional agency cuts should come from the Governor, but says using the state's Rainy Day Fund to help fund the deficit is a reasonable measure.

Perry Bennett / West Virginia Legislative Photography

Members of the House of Delegates are still debating a bill that would take money from the Rainy Day Fund to balance the 2016 budget, but it’s a fight over PEIA, the public employee’s health insurance program, that’s stalling the crucial legislation.

 A House Committee takes up the contentious Right to Work legislation for the first time, which causes House Democrats cause sparks on the floor as the attempt to fund state employee healthcare benefits with money from the Rainy Fund.

Also, a special report tonight on new security measures and construction on the state Capitol complex.

Perry Bennett / West Virginia Legislative Photography

On the House floor Friday, Delegates were set to consider a bill recently approved by the Senate - a bill to help balance the 2016 budget. Senate Bill 364 was on second reading until members of the GOP majority made a tactical move to block a Democratic amendment.

Office of the Governor

  Gov. Earl Ray Tomblin has signed next year's state budget after reducing about $11 million set aside for a variety of grants and programs.

The Democrat's vetoes Tuesday made it possible to take only about $15 million from state reserves in a difficult budget year. The budget passed by the Republican-led Legislature depended on about $23 million from the Rainy Day Fund.

Gov. Earl Ray Tomblin says the state will need to take $9.1 million less from reserves for the upcoming budget.

In a news release Monday, the Democrat said the state has seen growth in local property taxes that will decrease the state's share of school aid funding.

It's the second time the governor has reduced the amount he expects the state to use from the Rainy Day Fund.

Originally, he called for $69 million from reserves.

In January, he said only $25 million would be needed after better-than-expected investment returns.

Flickr / davidwilson1949

Gov. Earl Ray Tomblin's budget proposal would use almost $69 million in reserves and cut $72 million from specific areas to curb state budget woes.

The Democratic governor's administration outlined the spending plan during a media briefing Wednesday.

The money from the state's Rainy Day Fund and cuts would help cover an expected $195 million budget gap.

Officials said public education, higher education and the Department of Health and Human Resources would be targeted for cuts. They said further details would emerge Thursday during legislative budget presentations.

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.

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.

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.

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

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.

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.