West Virginia

Many teachers went on strike Monday after state lawmakers approved a pay raise that represented about half of what they sought.

The nation's leading municipal bond counsel expects to gain a significant edge through artificial intelligence and related technology.

The West Virginia School Building Authority's board approved Monday selling up to $48 million in bonds, which the SBA's finance director says are planned to be the agency's last taking on of bond debt to generate new revenue.

The state House approved a $22.5 billion general fund budget that relies on fees and tax increases to fund priorities like pension obligations.

Issuers across the Southeast sold $68.5 billion of bonds in 2017, a 5.8% year-over-year decrease.

A first round of Parkways Authority bonds — $120 million to $125 million of the $500 million of total bonds authorized — will be ready to go to market in late April or early May, Parkways General Manager Greg Barr said Thursday.

Lawmakers Monday authorized issuing the voter-approved debt, including the first sale of $800 million soon.

One of the big unknowns, as the state Parkways Authority moves forward on preparations to sell up to $500 million of West Virginia Turnpike toll bonds for highways upgrades in 10 Southern West Virginia counties, is the extent of potential financial losses through the sale of super-discounted E-ZPasses mandated by law.

“We’re going to bond here like crazy,” said West Virginia Gov. Jim Justice.

The GOs are part of the state’s largest-ever road financing plan, which could total $2.5 billion.

Gov. Jim Justice urged residents in a Wednesday evening town hall in Beckley to support the road bond referendum this fall that would create $1.6 billion in funds to upgrade the state's roads and bridges.

Regional bond issuance slipped by 31% in the first half and volume was down sharply in Florida.

West Virginia Parkways Authority General Manager Greg Barr said the agency is getting the ball rolling on the process to sell bonds to finance roads projects.

Material financial problems, including federal sanctions, led Moody's to lower the rating to B1.

CHARLESTON, W.Va. -- Gov. Jim Justice Tuesday signed a bill that would create a single-fee E-ZPass program and set the date to vote on highway bonds.

Unhappy with West Virginia's budget, Gov. Jim Justice said he will allow it to become law without signing it.

The West Virginia Legislature adjourned after passing another budget that defied the governor's wishes.

West Virginia bondholders will be paid even if state lawmakers fail to enact a budget by July 1.

West Virginia lawmakers resumed a special session Monday to iron out budget and tax cut differences.

Gov. Jim Justice called West Virginia lawmakers into special session to “fix the budget crisis.”