CHARLESTON —
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.
Latest Updates
February 12, 2013
W.Va. jail construction bond revenues faltering
- Latest Updates
-
-
Uncle Ed: Vain as a peacock, cool as a cucumber
-
Taylor Swift wins 8 trophies at Billboard Awards
-
Paul McCartney kicks off "Out There" tour in US
-
'Trek' does $70.6M but falls short of studio hopes
- Man survives being dragged 4 miles by car in Va.
- Booster station issue causes Princeton water outage
- Texas residents missing after tornadoes found safe
- Jobless rates fall in 52 of 55 W.Va. counties
- Steger delivers Va. Tech commencement address
-
VIDEO: Bombing suspect allegedly wrote confession in boat
Boston bombing suspect Dzhokhar Tsarnaev allegedly penned a note inside the boat where he was found hiding from authorities, explaining his rationale for his part in the deadly explosion.
- More Latest Updates Headlines
-
Commuters Face Delays After Conn. Train Accident
Raw: Swarm of Tornadoes Slams Plains
Raw: Fierce Bombing in Qusair, Syria
RAW: TV Staff Take Cover From Tornado
Raw: Accused US Spy Reportedly Leaves Russia
AP CEO: Records Seizure 'Unconstitutional'
Fatal Hot Air Balloon Accident in Turkey
Tornadoes, Storms Strike Midwest
'Babyland': Camp Lejeune's Toxic Legacy?
Raw: Heavy Tornado Damage in Shawnee, Okla
NTSB Begins Investigation Into Conn. Train Crash
Could Tobacco Be the Next Biofuel?
