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West Virginia weighs mid-year budget cuts amid revenue drop
Gov. Earl Ray Tomblin's administration considers cuts or a hiring freeze to balance the budget after November revenue fell about 57.4 million below estimates. Personal income tax underperformed by 37 million, with sales tax also under by 660 thousand. Severance taxes slumped but may rebound in December, and officials warned the state must grow tax collections by 3.6 percent for the rest of the year to avoid a shortfall.
MENTIONED IN THIS ARTICLE
Charleston
Earl Ray Tomblin
Tomblin
Charlie Sorensen
Charleston Daily Mail
Sorensen
Mark Muchow
Muchow
Charleston Gazette
Bit
Machow
Cary
King Street Wireless
U.S. Cellular
ETSI
Uscellalarcom
Eexchange
Federal Warranty Service Corporation
Uscellular.com
MasterCard
Metatank
FDIC
MasterCard Internatonal Incorporated
U.S
Kansas
Federal Universal Service Fund
Kansas Corporation Commission Office of Public Affairs and Consumer Protection
U.S. Callula