West Virginia state budget (2011-2012)
| Note: This article was last updated in 2012. Click here for more recent information on state budgets and finances. |
A conference committee composed of members from both the West Virginia House of Delegates and West Virginia State Senate developed a budget.[1] The legislature passed its budget bill on March 18, 2011.[2]
The budget passed by the legislature used a general revenue estimate of $4.014 billion, which was $1.5 million less than what was initially introduced by acting Governor Earl Ray Tomblin but was up by about $270 million from FY 2011.[2]
Highlights of the bill include:
- $100 million to casinos who planned to use the money to buy slot machines[2]
- $40 million increase in motor vehicle fees[2]
- Pay raises for state employees
- Pay hikes for mine inspectors, although the hikes did not include inspectors for Marcellus shale, which had been requested by the governor
- Increased funding for public libraries and increased funding for the needs-based higher education grant program
- A fully funded public employee retirement fund, with $426 million going toward unfunded liabilities
Footnotes
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