West Virginia - Wild and Wonderful

About West Virginia

West Virginia is noted for its mountains and diverse topography, its historically significant logging and coal mining industries, and its political and labor history. It is one of the most densely karstic areas in the world, making it a choice area for recreational caving and scientific research.

Business

West Virginia is full of opportunity for any business with a growing economy and a highly dedicated workforce. Whether you are running an existing business or thinking of starting a new business you can find all of the information you need throughout this business section.

Education

West Virginia is fortunate to have a tremendous education system with a high standard of excellence. Please use the information provided here to learn more about the wealth of educational opportunities in our great state.

Employment

West Virginia is home to one of the finest workforces in the country based on our hard work and commitment to quality. Whether you are looking for new job opportunities, enhancing your job skills or researching future employment trends you can find all of the information you need throughout this employment section.

Family

West Virginia offers the perfect balance of a rural and urban setting that suits a variety of lifestyles. This is a state where you can go whitewater rafting in the morning, go to an art exhibit in the afternoon and attend a concert in the evening. Whether you just moved to the Mountain State or your family has been here since it was founded, you are part of our community.

Health

Maintaining proper health is vital to ensuring the highest quality of life possible. West Virginia strives to provide one of the best health care systems in the country that is affordable and available to all residents of the state. This section contains numerous resources to assist you in accessing the health care services provided in the state.

Tourism

Exhilarate in the lasting beauty and natural wonder scattered throughout West Virginia. From unmatched outdoor recreation to world-class resorts, breathtaking scenery and a variety of cultural and historic attractions, West Virginia is an ideal spot to plan your next adventure. Discover for yourself what makes West Virginia wild and wonderful.

 Governor Tomblin Announces Fitch Affirms West Virginia Bond Rating

6/19/2013
CHARLESTON, W.Va. -Governor Earl Ray Tomblin today announced that Fitch Ratings has affirmed West Virginia's rating of 'AA+' for general obligation (GO) debt and 'AA' for both West Virginia Economic Development Authority (EDA) and School Building Authority (SBA) debt with an overall stable rating outlook. According to Fitch, West Virginia received this rating due to the "state's focused and disciplined efforts to address its accumulated financial challenges, proactive approach to addressing long-term liabilities, and maintenance of sizable reserve balances."

"This is a direct result of the hard work the State has put forth to keep our financial house in order," Governor Tomblin said. "West Virginia's solid commitment to addressing its financial obligations, such as our retirement systems and other post-employment benefits (OPEB), shows rating agencies that we pay our bills and honor our debts."

This rating affirmation allows West Virginia to borrow money at low interest rates to finance major projects for infrastructure, waste and water projects, and economic development endeavors.

"A stable bond rating is great news for all West Virginians," said Acting Secretary of Revenue Jason Pizatella. "With this rating outlook, we will continue to confront the financial and economic challenges ahead while our state government keeps its promise to be good stewards of taxpayer dollars."

Key rating drivers for Fitch ratings include:
• The state's strong financial management and sound reserve position.
• Efforts to not only fund the actuarially calculated annually required contribution (ARC), but to add assets in excess of the ARC to the pension systems.
• Additional action taken by the legislature to eliminate the remaining OPEB liability.
• Performance through the recessionary years was notably stronger than that of the nation.

In 2011, West Virginia received its third credit rating upgrade in three consecutive years.

Contact Information

Amy Shuler Goodwin
304-558-4977