TITLE

West Virginia Lawmakers Pass Budget Earmarking Surpluses for Liabilities

AUTHOR(S)
Ackerman, Andrew
PUB. DATE
March 2006
SOURCE
Bond Buyer;3/21/2006, Vol. 355 Issue 32343, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the approval of the 3.88 billion dollar fiscal 2007 budget by the West Virginia Legislature that uses most of the projected revenue surpluses of the state to prop up some of its massive long-term liabilities. The legislature approved no specific bond proposals attached to the fiscal budget unlike the previous year. A part of the budget was set aside to pay the liabilities for teachers.
ACCESSION #
20302871

 

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