Rainy Day Fund

W.Va. Sets Record With Fiscal Year-End Surplus, Results Questioned

The release noted that at the close of the fiscal year, June 30, 2023, at midnight, total collections for the revenue year will come in at approximately $6.5 billion – 10 percent ahead of prior year adjusted collections – marking the first time in state history that final collections for a single year have exceeded $6 billion.

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The Legislature Today: Cole Says Balancing Budget With Reserve Funds OK in Tight Budget Year

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…

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House Continues Fight Over Funding Bill

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…

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