State's Budget Is Balanced
State officials say West Virginia closed a gap in the budget and ended the fiscal year in the black. The state started June with a $57 million gap in revenue collections. Deputy Revenue Secretary Mark Muchow and Gov. Earl Ray Tomblin's spokesman, Chris Stadelman, told the Charleston Daily Mail that the state ended the fiscal year on Monday with a balanced budget and additional steps weren't necessary to close the gap. Muchow also says it's the first time in recent years that no new tax laws take effect on July 1.