Revenue drop bringing budget cuts - Tom Miller, Under the Dome, journal-news.net

State officials have already made it clear that West Virginia will have to tighten its financial belt for the next fiscal year beginning July 1, 2013. But last week produced the first tentative hints that budget cuts in state government may be necessary as early as Jan. 1, 2013 - halfway through the current budget year. These hints were the result of lower-than-expected state revenues for the first two months of the current fiscal year. General fund receipts for the month of August of $287 million were $14 million less than expected - still far less than the results for July where the number was $2.5 million below the estimated amount. Violent storms that did so much damage in the state in late June are considered the major reason for these lower figures. http://www.journal-news.net/page/content.detail/id/584248/Revenue-drop-bringing-budget-cuts.html?nav=5002