Sunday, July 17, 2011
Supreme Court Considering OPEB
- {West Virginia}...The state Board of Education has decided to have the legal staff of the state Department of Education prepare a "Friend of the Court" brief in connection with the fight by county school boards over the post employment benefit debt issue which is now before the state Supreme Court. A number of county boards are challenging a ruling from the state that says the local boards must list the debt of future retiree health care costs on their financial books. The state Board of Education says forcing counties to carry the debt on their books will result in large numbers of county boards of education being forced to report deficit balances.
# posted by Homer Owens @ 10:52 PM 
