Mountain State Spotlight – From the Greenbrier to the governor’s mansion, Jim Justice has spread the word about the state’s $1.8 billion surplus this year. But there’s another $1 billion just laying around, too.
Read the full article.
It’s called the Rainy Day Fund. In plain English, it’s West Virginia’s emergency fund — the proverbial “oh crap” account.
Just like how everyday people squirrel away a little bit of cash to cover a blown tire or a burnt out refrigerator, the state has done the same since the mid-1990s.
