EKB News

West Virginia continues to run in the black through the first six months of fiscal year 2009. According to officials the Mountain State has a current surplus of nearly $ 75 million. Officials say the reason for the good numbers is because of the severance money in the energy market and strong collections in personal income tax. For the year the general revenue is currently $ 370 million, that is $ 2.4 million more than expected. Officials warn that the surplus cound dwindle due to declining coal prices.