Charleston Gazette Mail West Virginia’s Fiscal Year 2023 has concluded with an unprecedented revenue surplus of $1.8 billion over estimates, marking the second consecutive year of shattering the state’s all-time record, according to Gov. Jim Justice. Announcing the numbers last week, Justice heralded the accomplishment as a turning point for West Virginia, emphasizing the state’s…
WVCBP in the News
West Virginia MetroNews - West Virginia’s state government ended the fiscal year $1.8 billion over estimate. Read the full article. Much of the surplus is already spoken for through legislative appropriations, and state officials will determine what to do with the rest. And, of course, political views differed on whether the surplus is a sign…
West Virginia Public Broadcasting - Gov. Jim Justice announced on Friday that West Virginia’s cumulative revenue collections for Fiscal Year 2023 will come in at $1.8 billion over estimate. He said the budget surplus breaks the record for biggest single-year revenue surplus in state history for the second year in a row. Read the full…
WCHS - Student loan borrowers are preparing to readjust their budgets. More than 220,000 West Virginians have about two months before beginning to repay their student loans. Read the full article. Since 2020, interest and requirements on loan payments came to a halt. Kelly Allen with the West Virginia Budget and Policy Office spoke with…
Mountain State Spotlight, Beckley Register-Herald, My Buckhannon - As he sat in a car, speaking to a camera shortly after gallbladder surgery, West Virginia Gov. Jim Justice wanted to make it clear that the past few days have been tough. But there was one thing that was keeping him in good spirits: an official $1.8 billion budget surplus.…
Center Square - West Virginia will finish the year with $1.8 billion more in tax and fee collections than budgeted, something Gov. Jim Justice called a record for a second straight year. Read the full article. But the West Virginia Center on Budget and Policy says that is because Justice gamed the system with budget…
Yahoo News, Dominion Post - The $45 million shortfall West Virginia University faces is still some of the biggest news around town. In the past week, we've discussed the issue in terms of what the university could have done and should do (or not do) in the future. But there are multiple factors at play,…
Higher Ed Dive - West Virginia University is grappling with an enrollment decline all too familiar for many higher education institutions — though it is somewhat unusual for a public flagship to be staring down such a significant budget hole. Read the full article. E. Gordon Gee, WVU’s president, has said the falling enrollment is a…
Inside Higher Ed - When West Virginia University president E. Gordon Gee announced plans to cut programs and faculty in the face of a projected $75 million budget shortfall, he said he wanted the process to be as compassionate and transparent as possible. It was, after all, the first reduction in force (RiF) in the university’s history to…
West Virginia Public Broadcasting - West Virginia’s state prisons and jails are overcrowded and understaffed. Listen to the full segment. Just over half of those who are incarcerated have not yet been found guilty of a crime, they’re in a cell because they can’t make their bail. Many of those people are poor and a…