Tomblin to address $353 million shortfall next week
By Phil Kabler, Charleston Gazette-Mail
With December marking another dismal month for tax collection, West Virginia Department of Revenue officials are now projecting the Mountain State will finish the 2015-16 budget year on June 30 with a funding deficit of $353 million — a shortfall of nearly 10 percent of the general revenue budget.
Revenue Secretary Bob Kiss said Wednesday that Gov. Earl Ray Tomblin...