Looking Good: A $2B Surplus And OPEB Fixes in the Works
- Surpluses Chip Away at a Mountain of Liabilities. Ackerman, Andrew // Bond Buyer;3/30/2006, Vol. 355 Issue 32350, Special section p69
The article provides an overview of the fiscal condition of West Virginia. The ability of West Virginia to pay its unfunded pension liabilities in 2005 was attributed to budget surpluses. The state has the policy of using excess funds for long-term liabilities rather than increasing government...
- Surging Coal Prices May Help for Now, But-West Virginia's Pension Issues Persist. Ackerman, Andrew // Bond Buyer;3/30/2006, Vol. 355 Issue 32350, p32
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...
- Massive Liabilities Plus Politkal Paralysis Leave Plenty of Work to Be Done. Saskal, Rich // Bond Buyer;3/30/2006, Vol. 355 Issue 32350, Special section p72
The article provides an overview of the fiscal condition of California. According to the author, California is facing liabilities associated to the retirement system for its state and local government workforce. The California Public Employees' Retirement System was underfunded by $24.7 billion...
- Public Health Provides Basis for Prosperity. McCABE, Brooks // State Journal (WV);10/10/2014, Vol. 30 Issue 40, p28
No abstract available.
- West Virginia. // Bond Buyer;02/14/2000, Vol. 331 Issue 30828, p90S
Focuses on the economic conditions of West Virginia. Priorities of state authorities in public finance; Plans in tapping the tax-exempt bond market for single-family housing loans; Needs for water infrastructure; State and authorities general use of proceeds; Data on total debt per capita.
- GFOA Supports Proposals to Make OPEB Reporting Like Pension Reporting. Jagoda, Naomi // Investment Management Mandate Pipeline;11/10/2014, p1
Government Finance Officers Association officials said recently that it makes sense that draft standards on other post-employment benefit financial reporting are similar to ones in effect for pension reporting.Ãƒ1/4
- West Virginia and the New Economy. MeCABE, Brooks // State Journal (WV);7/25/2014, Vol. 30 Issue 29, p28
The author discusses the trends of new economy in West Virginia, focusing on the hesitation of the state to emphasize the opportunity to be able to become a leader nationally. He mentions that West Virginia has been ranked as 49th in "The 2014 State New Economy Index: Benchmarking Economic...
- Virginia Year-End Yields Largest-Ever Surplus. Sigo, Shelly // Bondbuyer.com;7/13/2015, p4
The article reports that the state of Virginia is set to close out fiscal 2015 with its largest-ever year-end surplus, according to Governor Terry McAuliffe. Topics mentioned include the revenue stabilization fund and the Virginia Water Quality Fund, Virginia's revenue growth and preliminary...
- Fiscal Holes Widening. // Latin America Monitor: Brazil Monitor;Feb2011, Vol. 18 Issue 2, p5
The article reports that general fiscal accounts in Brazil have been weakening, with falling nominal deficit and primary surplus.