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WV closes out budget year with surplus, thanks to federal stimulus, double Tax Days - Vimarsana News

WV closes out budget year with surplus, thanks to federal stimulus, double Tax Days

CHARLESTON — West Virginia closed out the 2020-21 budget year in the black on Wednesday, a year that featured the infusion of billions of dollars of federal pandemic stimulus funds and an unprecedented two income tax filing deadlines in the same fiscal year. June overall tax collections of $497.58 million — $25.78 million above estimates — pushed total state revenue collections for the 2020-21 budget year to $4.989 billion, giving the state a year-end budget surplus of $415.34 million. However, $119 million of that surplus is the result of reducing revenue estimates for the yea...

WV closes out budget year with surplus, thanks to federal stimulus, double Tax Days - Vimarsana News

WV closes out budget year with surplus, thanks to federal stimulus, double Tax Days

CHARLESTON — West Virginia closed out the 2020-21 budget year in the black on Wednesday, a year that featured the infusion of billions of dollars of federal pandemic stimulus funds and an unprecedented two income tax filing deadlines in the same fiscal year. June overall tax collections of $497.58 million — $25.78 million above estimates — pushed total state revenue collections for the 2020-21 budget year to $4.989 billion, giving the state a year-end budget surplus of $415.34 million. However, $119 million of that surplus is the result of reducing revenue estimates for the yea...

West Virginia Lawmakers Unveil $138M Broadband Initiatives - Vimarsana News

West Virginia Lawmakers Unveil $138M Broadband Initiatives

West Virginia Lawmakers Unveil $138M Broadband Initiatives West Virginia Department of Economic Development Secretary Mitch Carmichael unveiled a four-prong approach to spending $138 million of federal American Rescue Plan Act funds to expand broadband Internet in the state. May 11, 2021 •  (David Kidd) (TNS) — West Virginia Department of Economic Development Secretary Mitch Carmichael unveiled a four-prong approach to spending $138 million of federal American Rescue Plan Act funds to expand broadband internet in the state. He told the interim Joint C...

West Virginia Legislature Passes 2021 Broadband Bill - Vimarsana News

West Virginia Legislature Passes 2021 Broadband Bill

West Virginia Legislature Passes 2021 Broadband Bill The Legislature has completed the bill, but not without strong words from some members who say broadband lobbyists tried to take control of the bill when they decided they didn't like some of the Legislature's proposals. by Phil Kabler, Lacie Pierson, and Mike Tony, The Charleston Gazette-Mail / April 12, 2021 Shutterstock/Sean Pavone (TNS) — The enthusiasm  West Virginia lawmakers had for this year's broadband bill on Day 1 of the legislative session turned into strife with ...

West Virginia receives $6 billion in COVID-19 aid - Vimarsana News

West Virginia receives $6 billion in COVID-19 aid

CHARLESTON — West Virginia has received nearly $6 billion in federal pandemic relief funds in the past year, according to a Department of Revenue report to the Legislature. With the passage of the $1.9 trillion American Rescue Plan Act, an additional $2 billion-plus in stimulus funds will be headed the Mountain State’s way. According to a report prepared by Deputy Revenue Secretary Mark Muchow, West Virginia has received at least $5.99 billion in stimulus funds over the past year, with total amounts yet to be determined for the 13-week extension of emergency unemployment benefits...