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WV News

6 months into fiscal year, W.Va. up nearly $75M

CHARLESTON, W.Va. (AP) — West Virginia remains the envy of most of the rest of the country when it comes to state budget revenues: It ended the first half of its budget year last month with a potential surplus of nearly $75 million.

With all but perhaps 11 states threatened with budget deficits this year that total $32 billion and counting, coal continues to help yield higher-than-expected general tax revenues for the Mountain State.

General revenue neared $370 million in December, $2.2 million more than expected. That brought revenues for the first six months of the fiscal year to $1.92 billion, nearly $75 million ahead of estimates. The year ends June 30.

The severance tax on coal and other natural resources is a big reason for the ample revenues. The state is also seeing stronger than projected personal income tax collections.

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WVa governor to meet with ailing plant’s execs

January 7, 2009

CHARLESTON, W.Va. (AP) — Gov. Joe Manchin will meet face-to-face with executives who are deciding the fate of an aluminum plant that employs nearly 700 people.

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Blatt out as vice president at MTR Gaming

January 7, 2009

MORGANTOWN, W.Va. (AP) — MTR Gaming Group Inc. has fired an executive vice president who once tried to buy the company.

Robert Blatt was let go Dec.

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WVa school doesn’t want the bill for water mishap

January 7, 2009

MORGANTOWN, W.Va.

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W.Va. Supreme Court starts prison, jail review

January 6, 2009

CHARLESTON, W.Va. (AP) — The state Supreme Court's review of West Virginia's prison and jail system is under way with the hiring of a full-time person to monitor the process.

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W.Va. businessman pleads guilty to tax evasion

January 6, 2009

HUNTINGTON, W.Va. (AP) — A Barboursville businessman faces up to 10 years in prison and a $500,000 fine after pleading guilty to evading taxes.



Terry M.

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