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 The Budget Beat:
  Weekly Update on the
  2012 West Virginia Legislature


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Friday, January 20, 2012

IN THIS ISSUE

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Analysis of Governor’s FY 2013 Budget
West Virginia Ranks 29th
Improving Budget Analysis of State Criminal Justice Reforms

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The West Virginia Center on Budget and Policy will hold its Annual Meeting on Tuesday, February 7 at the Charleston Marriott Town Center from 7:30AM – 10:30AM. Our keynote speaker is Ambassador Michael Sullivan, former Governor of Wyoming. Join us for breakfast and an interesting discussion about how an energy trust fund could benefit West Virginia. Please go to our website, www.wvpolicy.org, to register. Breakfast is free but registration required.
 
Analysis of Governor’s FY 2013 Budget
 
Today the West Virginia Center on Budget and Policy released its analysis of Governor Tomblin’s FY 2013 budget. While it appears West Virginia will continue to enjoy a small budget surplus, this could change in the near future as expenditures for the state’s correction system as well as Medicaid grow, and revenue from the business franchise tax is reduced to 0%. Read the report.
 
West Virginia Ranks 29th among States in Enforcing Economic Development Subsidy Requirements 
 
In its report released this week, Good Jobs First, a nonprofit, nonpartisan research center based in Washington, DC gave West Virginia a C- in enforcing performance requirements in economic development subsidy programs. The report, "Money-Back Guarantees for Taxpayers: Clawbacks and Other Enforcement Safeguards in State Economic Development Subsidy Programs," looks at the performance standards built into subsidy programs and rates states on how well they enforce those standards. Read it at: www.goodjobsfirst.org. “West Virginia’s C- grade shows there is plenty of room for improvement for the state to protect its limited economic development dollars and to ensure that if private firms fail to honor their commitments, there will be enforcements to recapture a portion (clawback), if not all, of the state's original investment,” noted Paul Miller, Outreach Director for the West Virginia Center on Budget and Policy. 
 
Improving Budget Analysis of State Criminal Justice Reforms
 
At a time when West Virginia is facing an overcrowded prison situation, a report released by the Center on Budget and Policy Priorities and the ACLU is of particular interest. Many states have the same problem as West Virginia, a growing prison population and not enough infrastructure to house it. This report highlights the benefits of finding alternative solutions to incarceration like sanctions for parole violations or addiction treatment for drug offenders. Studies show that states adopting these methods are not seeing an increase in crime (some are actually seeing a decrease) and are saving money on prison construction and other investments. Read the full report
 
On Tap
Week of January 23rd

Monday, January 23

House Finance, 1:00 PM
Department of Military Affairs and Public Safety Budget Hearing

Senate Finance 3:00 PM

State Treasurer's Office Budget Hearing

Senate Finance, 3:45 PM
Public Service Commission Budget Hearing


Tuesday, January 24

House Finance, 9:00 AM
Supreme Court of Appeals Budget Hearing

House Finance, 1:00 PM

Department of Administration Budget Hearing

Senate Finance, 3:00 PM
Department of Commerce Budget Hearing


Wednesday, January 25

Senate Finance, 3:00 PM
Supreme Court of Appeals Budget Hearing


Thursday, January 26

House Finance, 9:00 AM
Department of Education and the Arts Budget Hearing

Senate Finance, 9:30 AM
Department of Education and the Arts Budget Hearing

House Finance, 1:00 PM
State Treasurer's Office Budget Hearing


Senate Finance, 3:00 PM
W. Va. School Building Authority Budget Hearing

Senate Finance, 3:45 PM
Department of Environmental Protection Budget Hearing

Friday, January 27

House Finance, 9:00 AM
Department of Commerce Budget Hearing


Quick Links

West Virginia Legislature www.legis.state.wv.us

Center on Budget and Policy
www.wvpolicy.org

State Budget Information

West Virginia Center on Budget and Policy
723 Kanawha Blvd. East, Suite 300 • Charleston, WV 25301
(304) 720-8682 • www.wvpolicy.org




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West Virginia Center on Budget and Policy
The Union Building
723 Kanawha Blvd E, Ste 300
Charleston, West Virginia 25301
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