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For first time in years, state must tap into $45 million reserve
CHARLESTON, W.Va. -- For the past few years, West Virginia hasn't had to tap into a $45 million reserve fund set aside to pay state income tax refunds on a timely basis.
This year, though, the government will spend all or most of the money in that account, Deputy Revenue Secretary Mark Muchow said Thursday.
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For first time in years, state must tap into $45 million reserve
CHARLESTON, W.Va. -- For the past few years, West Virginia hasn't had to tap into a $45 million reserve fund set aside to pay state income tax refunds on a timely basis.
This year, though, the government will spend all or most of the money in that account, Deputy Revenue Secretary Mark Muchow said Thursday.
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