Huntington Financials Fine for January, February to Come
Williams told Huntington City Council at its first March work session that "our latest report shows (January financials) revenues are running slightly ahead of pace with nearly 60% of revenues at 58% of the year complete. Our expenditures are at only 53%," the Mayor said.
By contrast, the governor's office in WV acted to cut expenditures after the state's general revenue tax collections were $35 million below budget forecast and the slowdown in collections is expected to continue. The temporary hiring restriction of positions within the Executive Branch is effective immediately and will remain in effect through June 30, 2013, unless rescinded or extended. General Revenue funded positions within the Executive Branch that are or become vacant will remain vacant unless otherwise approved by the Office of the Governor. This action will not result in any furloughs or layoffs. Positions funded by special revenue sources do not fall within this hiring restriction.