Latest Breaking News On - Coal severance fund - Page 1 : comparemela.com

3 hrs ago The guide titled “Middle of Everywhere” is now available to pick up from the Marion County Convention and Visitors Bureau. SUBMITTED PHOTO FAIRMONT — A drop in revenue from the Coal Severance Tax has forced the Marion County Commission to slash almost $2 million from its 2021-22 fiscal year budget. The county’s Coal Severance Fund went from $1.4 million to $80,000 which County Administrator Chris Cinalli described as a “pretty significant” cut. Consequently, the county commission budget was cut from $16,292,000 last fiscal year to $14,527,083 in the general fund for the coming year. “However, we were able to do it. We relied on some Financial Stabilization Funds that offset those revenue shortfalls,” said Cinalli.

United statesWest virginiaMarion countyBrandy elliottChris cinalliErnie vangilderBelinda biaforeLeisha elliottCoal severance fundMarion county convention visitors bureauMarion county commissionFinancial stabilization fundCoal severance taxCounty administrator chris cinalliFinancial stabilization fundsAmerican rescue act