WOWK - West Virginia University is dealing with a serious budget short fall, but right now there is no agreement on how to fix it. There is plenty of finger-pointing going on, and that means a solution is not on the table right now. Read the full article. As West Virginia University gears up for…
Tax and Budget
WTRF - The West Virginia Center on Budget and Policy has been holding meetings across the Mountain State to educate communities on the state’s finances and where state dollars are going. Read the full article. Monday night the presentation made its way to Ohio County to inform about how one-time monies like severance taxes, for…
In West Virginia over 95 percent of fire departments are staffed by volunteers or mostly volunteers. Volunteer Fire Departments (VFDs) protect 85 percent of the state’s population serving as the bedrock of first response across our state. Despite the clear need to keep these life-saving services available, VFDs have seen stagnant state funding that has failed…
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WBOY - A representative from the West Virginia Center on Budget and Policy (WVCBP) held a meeting at the Morgantown Public Library downtown this evening. Read the full article. Much of the meeting spoke about how the state does not have a surplus of money in its budget and how the loss of the…
Charleston Gazette-Mail - West Virginia politics is a bundle of contradictions, as we’ve seen recently. Read the full article. At roughly the same time Gov. Jim Justice was lauding the latest state budget surplus figures (made possible by hilariously low-balled revenue estimates), legislators were hearing about how multiple state agencies, notably Highways and DHHR, owe…
West Virginia Public Broadcasting - Higher coal and natural gas prices, and higher demand for both generated a severance tax windfall that fattened the state’s budget surplus last year. But the prices for both fossil fuels have declined in recent months. Read the full article. Sean O’Leary, senior policy analyst for the West Virginia Center…
West Virginia Public Broadcasting - On this West Virginia Morning, higher coal and natural gas prices, alongside higher demand for both fossil fuels, generated a severance tax windfall that fattened the state’s budget surplus last year. But the prices for both fossil fuels have declined in recent months. Listen to the full segment. Sean O’Leary, senior policy…
West Virginia Public Broadcasting - West Virginia’s annual budget is based on revenue estimates that come from the governor’s office. The budget surplus comes from taxes collected above those revenue estimates. How those estimated amounts are determined garners differing points of view. Listen to the full segment. Sean O’Leary is the senior policy analyst at…
Charleston Gazette-Mail, Coal Valley News - Gov. Jim Justice announced this week the largest single-month surplus in West Virginia history. Read the full article. During an announcement Monday at the Capitol, the governor said West Virginia’s general revenue collection for April 2023 was $319 million above estimates, marking the largest single-month surplus in state history.…