WVC 12 - 4 - 7
§12-4-7. Annual report of auditor.
The annual report of the auditor shall be furnished to the
governor by the thirty-first day of December 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. 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 may deem proper.