Thursday, January 13, 2011
Tomblin Delivers State Of The State Speech
WEST VIRGINIA....
During his first State of the State speech Wednesday, Acting Governor Earl Ray Tomblin unveiled his 2011 legislative agenda, calling for business development incentives, a cut in the state's food sales tax and one-time salary "enhancements" for teachers and other state workers. He also called on lawmakers to lower the state’s 3 percent tax on unprepared foods to 2 percent in 2012. The proposed tax cut on foods will result in $11 million loss in state revenues for the first half-year it is enacted and a $26 million for the first full-year after that. Tomblin’s proposed budget calls for spending nearly $4.38 billion in general, lottery and excess lottery funds, nearly half of that going to public schools. Health and human services makes up the next largest chunk of the proposed budget at 18 percent while higher education accounts for 11 percent.
During his first State of the State speech Wednesday, Acting Governor Earl Ray Tomblin unveiled his 2011 legislative agenda, calling for business development incentives, a cut in the state's food sales tax and one-time salary "enhancements" for teachers and other state workers. He also called on lawmakers to lower the state’s 3 percent tax on unprepared foods to 2 percent in 2012. The proposed tax cut on foods will result in $11 million loss in state revenues for the first half-year it is enacted and a $26 million for the first full-year after that. Tomblin’s proposed budget calls for spending nearly $4.38 billion in general, lottery and excess lottery funds, nearly half of that going to public schools. Health and human services makes up the next largest chunk of the proposed budget at 18 percent while higher education accounts for 11 percent.
# posted by Homer Owens @ 8:42 PM 
