W.Va. Jail Construction Bond Revenues Faltering

By: West Virginia AP Email
By: West Virginia AP Email

CHARLESTON, W.Va. (AP) -- West Virginia's network of regional jails no longer collects enough annual revenues to pay off the bonds that financed their construction.

Jail agency chief Joe DeLong told lawmakers Tuesday that proceeds from court fees have plummeted from $13 million in 2004 to below $8 million last year.

But the agency needs at least $9 million from those revenues to pay bond investors. The shortfall's making the bond insurers nervous.

That may prompt lawmakers to target unpaid fees and citations as a possible alternative. Legislators are drafting a bill that would give people a break on long-overdue traffic tickets. It would also allow counties to go after income tax refunds to collect unpaid fees.

Lawmakers hope to craft a final bill during the first half of the session, which begins Wednesday.

WHSV.com is happy to provide a forum for commenting and discussion. Please respect and abide by the house rules:

Keep it clean, keep it civil, keep it truthful, stay on topic, be responsible, no links, share your knowledge, and please suggest removal of comments that violate these standards.

powered by Disqus
50 North Main Street Harrisonburg, VA 22801 540-433-9191 - Switchboard 540-433- 4028 - Fax 540-433-2700 - News Fax

WSVF Public Inspection File

Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 190909301 - whsv.com/a?a=190909301
Gray Television, Inc.