09 December 2008

Recession Unkind to State Road Fund

The Associated Press reports that signs of an economic downturn also spell additional trouble for an already stricken West Virginia State Road Fund.

A decline in new vehicle registrations, changing driving habits and rising building materials costs all hurt the state's main source for highway needs, West Virginia University economist Tom Witt told a legislative interim committee Monday.

Witt also highlighted an ongoing update of a sweeping 2004 study that sought to chart the road fund's future.

The Charleston Gazette and The Register-Herald of Beckley also covered Monday's meeting.

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