The Legislature hereby finds and declares that in order to
maintain the strong financial management of the state, to meet the
fiscal needs of state government and to facilitate financing
essential capital projects at the lowest possible cost to the
citizens of the state, the state must regularly monitor the amount
of debt issued by the state and its spending units, ensure the
state and its spending units meet all debt service requirements,
monitor the credit rating of the state and analyze the acceptance
of debt issued by the state and its spending units. The
Legislature further finds that in order to meet these important
goals, the Division of Debt Management needs to be continued.
Note: WV Code updated with legislation passed through the 2014 1st Special Session
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