On March 19, 2015, WVCBP Executive Director Ted Boettner was part of the Shale Symposium sponsored by the Federal Reserve Bank of Cleveland at Wheeling Jesuit University.
The symposium covered early shale development, shale’s growth-to-boom phase, and its declining development-to-bust phase. Ted’s presentation was titled “A Softer Landing – Fighting the Resource Curse” and described how creating a permanent mineral trust fund can help a state plan for a future after its energy reserves are depleted.
Yesterday Governor Tomblin announced his vetoes to the FY 2016 budget, which the legislature completed last week. As we went over here, the legislature increased the amount borrowed from the Rainy Day Fund to $22.9 million, in turn increasing appropriations above the governor’s recommendations in some areas, including higher education. With his veto, the governor has reduced the amount borrowed from the Rainy Day Fund to $15.5 million, and has reduced a number of appropriations throughout the budget.
Everybody Needs Time Off from Work and 227,000 West Virginia Workers Lack Access to Paid Sick Days:
Caring for a sick child, an elderly parent, or ourselves, all of us sometimes need time off from work.
But many workers in West Virginia don’t have any source of income when they must take time off for their own health or to care for their family.
At the West Virginia Center on Budget and Policy’s 2nd Annual Budget Breakfast, Executive Director Ted Boettner recapped Governor Tomblin’s proposed Fiscal Year 2016 state budget and the impact it will have on West Virginia’s low- and moderate-income working families. View his presentation here.