WEST virginia legislature
2018 regular session
Senate Bill 468
By Senators Gaunch and Boso
2, 2018; Referred
to the Committee on Government Organization]
A BILL to amend and reenact §12-4-7 of the Code of West Virginia, 1931, as amended, relating to changing the date for submission of the Auditor’s annual report; adding the President of the Senate and the Speaker of the House of Delegates as recipients of the annual report; and adding requirement that certain salary information be included in the report for the prior calendar year.
Be it enacted by the Legislature of West Virginia:
ARTICLE 4. ACCOUNTS, REPORTS, AND GENERAL PROVISIONS.
§12-4-7. Annual state dollar report of Auditor.
annual report of the
Auditor shall be furnished furnish annually to the Governor, the
President of the Senate, and the Speaker of the House of Delegates by
December 31 on or before February 1, a report detailing financial information
for the prior calendar and fiscal year. following after the end of the
fiscal year It shall contain a statement of the receipts and disbursements,
under the proper general heads, during the preceding fiscal year, and show the
balance in the Treasury at the beginning and end of that year. It shall also
contain an estimate of the revenue and expenditures for the current year, with
similar statements and estimates respecting the school fund. It shall show the
indebtedness of the state and the balances standing at the end of the year to
the credit of the several unexpired appropriations, specifying in each case the
date when the appropriation was made. It shall also contain information
relating to the salaries of state employees, including notation of salaries greater
than $80,000 paid during the prior calendar year. The report shall be
accompanied with an explanation of the amounts of receipts and disbursements
and the balances and estimates reported. In it the Auditor shall point out any
defects which may occur to him or her in the revenue laws. Furthermore, the
Auditor shall suggest the remedies for those deficits. If the Auditor is of the
opinion that the future revenue is likely to prove insufficient, then the
Auditor shall recommend plans for increasing the revenue and suggest new
subjects of taxation, or additional taxes on the old, as he or she may
NOTE: The purpose of this bill is to correct the date for submission of the Auditor’s annual State Dollar Report. The bill additionally includes a requirement that the report include top salaries of the state employees during the prior calendar year.
Strike-throughs indicate language that would be stricken from a heading or the present law and underscoring indicates new language that would be added.