By Scott Rasmussen, includes “… On a percentage basis, the biggest increases were found in Idaho, Arizona, Nevada, and Utah.”
Ranking 28th out of 50 on any list may not be something to brag about, but for Virginia, it represents a degree of improvement.
The 2020 Financial State of the States report surveys the fiscal health of the 50 states prior to the coronavirus pandemic. This data is released today by Truth in Accounting (TIA), a think tank that analyzes government financial reporting.
Hindsight is 20/20, with Gov. Jim Justice and state revenue officials looking back on the last fiscal year and the first month of the new fiscal year, which both showed surpluses even as the pandemic affects the economy.
When the 2020 fiscal year ends Tuesday, West Virginia could still end up with a small surplus after sweeping state agencies for cash and utilizing excess Medicaid dollars.
U.S. Rep. David McKinley, R-W.Va., hopes his version of a fix for coal miner pensions passes the House of Representatives and breaks through the blockage in the U.S. Senate.
Gov. Jim Justice confirmed today that West Virginia’s state budget will end the fiscal year with a surplus.
The filing deadlines for candidates to enter state legislative races have already passed in 31 states.
See the financial condition of Alaska, Connecticut, Delaware, Iowa, Illinois, North Dakota, Utah, Washington and West Virginia.
The student loan bubble is going to burst in the very near future. Student loan debt is second only to housing debt at $1.4 trillion in outstanding loans.
On Monday, thousands of teachers and supporters in Kentucky are expected to descend on the state capitol in Frankfort to demand Gov. Matt Bevin veto a bill that overhauls their pension plan, which they say was forged by lawmakers in secret backroom deals.
The struggling finances of small incorporated towns in West Virginia is by no means new to this state, and has been a topic of numerous news stories over the past decade.
Bucking a practice that had been standard for decades, the Republican-led Legislature today unanimously passed a Fiscal Year 2019 Budget Bill that provides significant public employee pay raises, controls other government spending, and balances the state’s finances without any tax increases.
A bill introduced by the West Virginia legislature would make it a criminal offense for any participating public employer of any retirement system administered by the Consolidated Public Retirement Board to fail to make required contributions.
West Virginia's lawmakers are considering a step to prevent a repeat of a situation that caused some of the state's public colleges and universities to face some financial duress this year.
Gov. Matt Bevin’s plans to railroad massive changes to Kentucky’s public pension systems through a five-day special session appear to have been derailed by his party's sexual harassment scandal.
In the wake of sanctions from the U.S. Department of Administration on West Virginia’s higher education institutions over the late audits, Casey expressed exasperation.
While a handful of states including West Virginia, New York and Indiana have made important strides in reducing major shortfalls in their employee pension plans