By Mannix Porterfield Register-Herald Reporter

CHARLESTON — Boone County leads the league when it comes to the new recipe for West Virginia’s coal severance pie, in line to get the biggest slice — $671,481 — next year.

By fiscal 2017, the final year of the annual 1 percent phase-in over five years, Boone is projected to have received $3,357,403, based on production figures.

Under a law approved Tuesday by acting Gov. Earl Ray Tomblin, coal-producing counties will start sharing the initial 1 percent of the tax that now is poured directly into the general revenue account.

Once the five-year period ends, the counties will get the first 5 percent thereafter, with an annual $20 million cap.

The difference actually begins next year, at the start of the new fiscal year, and Boone County will take in 16.8 percent.


West Virginia Coal Association - PO Box 3923 - Charleston, WV 25339 | 304-342-4153 | website developed by brickswithoutstraw