Surging Coal Prices May Help for Now, But-West Virginia's Pension Issues Persist

Ackerman, Andrew
March 2006
Bond Buyer;3/30/2006, Vol. 355 Issue 32350, p32
Trade Publication
The article reports on analysts' warning that the financial outlook for the double-A-minus rated West Virginia remains mixed despite the state's surplus revenue to meet its pension liabilities. The West Virginia Legislature has approved a $3.88 billion fiscal 2007 budget that uses the state's projected budget surpluses to address its long-term liabilities. The state revenue is projected to increase by about 7 percent in 2006.


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