TITLE

Few Short-Term Effects Seen From W. Virginia Consolidation

AUTHOR(S)
McConnell, Alison L.
PUB. DATE
March 2005
SOURCE
Bond Buyer;3/3/2005, Vol. 351 Issue 32082, p30
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article comments on West Virginia governor Joe Manchin's move to consolidate control over seven of its bonding authorities. Analysts believe that the move will have little impact on bond ratings or day-to-day agency operations. However the move may prove itself more significant in the long term because the authorities issue most state-level debt in West Virginia. Agencies' bond proposals and requests for greater bonding authority now require Manchin's seal of approval before the Legislature can consider them.
ACCESSION #
16313776

 

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