West Virginia Legislators Approve $5.3 Billion Budget for FY 2026

The West Virginia Senate has passed House Bill 2026, a $5.3 billion budget for fiscal year 2026, following amendments and negotiations with the House. The budget includes significant funding allocations such as $125 million for the Division of Highways and $75 million for Economic Development, despite the state facing a projected $397 million deficit. The House approved a compromise version of the budget, which slightly decreased the proposed spending, and emphasized the importance of maintaining fiscal responsibility. The budget will now be sent to Governor Patrick Morrisey for final approval. Lawmakers from both parties expressed mixed reactions, highlighting concerns over the educational voucher program's rising costs and the need for adequate funding in critical areas. The budget's passage represents a strategic approach to address fiscal challenges while planning for future investments in West Virginia's infrastructure and services.