‘Live within our means’; State’s economic numbers positive, but budget full of cautionary notes

 

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‘Live within our means’; State’s economic numbers positive, but budget full of cautionary notes  

Publication: Times West Virginian
Release Date: 01/13/08
Contact: Bill Byrd

The following is an excerpt from Bill Byrd's article on Governor Manchin and the state's budget outlook.

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As he has since he presented his first budget in 2005, the governor has presented two multi-year projections on future spending and revenue projections.

In the Budget Planning section, the administration bluntly states that funds for the state Division of Highways are “inadequate” to maintaining a “safe and efficient highway system.”

At a minimum, the DOH needs an additional $160 million every year just to maintain the present system.

“The cost of replacing all state-maintained bridges that are over 60 years old is over $2.5 billion. Over $100 million in highway slips and slides have been identified, and an additional $100 million in paving is needed annually,” the report states.

Of the more than $25 billion in new construction, “most of those projects will never be constructed.”