понедельник, 5 марта 2012 г.

Surplus met with caution: ; One-time factors add up to $241 million extra in budget, shouldn't be counted on, experts say

Seven months into the budget year, the state of West Virginia hasracked up a healthy $241.4 million budget surplus, and now actingGov. Earl Ray Tomblin is urging lawmakers to not get greedy with theextra cash.

At a Tuesday afternoon press conference, Tomblin announced thatthe state collected $425.4 million in tax revenue for January, $81.6million above the $343.8 million budget analysts had anticipated forthe month.

That makes January the ninth month in a row that the state'srevenue collections beat forecasts.

But while the total may look healthy, budget analysts cautionedthat many one-time factors contributed to the excess revenue.

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