WEST VIRGINIA CODE
WVC 5 - 1 D- 1
§5-1D-1. Findings and purposes.
The Legislature finds and declares that fiscal risk analysis
and management is essential to finding practical solutions to the
everyday problems of government and that the management goals and
purposes of government would be furthered by the development of a
consistent set of fiscal risk analysis and management principles.
Therefore, it is the purpose of this article to create, as an
integral part of the office of the governor, the office of fiscal
risk analysis and management, with the authority to advise and make
recommendations to all state spending units on fiscal risk analysis
and management functions and decisions with potential long term
fiscal impact of an amount of at least one million dollars:
Provided, That the authority shall advise and make recommendations
to the public employees insurance agency, the consolidated public
retirement board, workers' compensation and the board of risk and
insurance management on fiscal risk analysis and management
functions and decisions with potential long term fiscal impact of
any increases of program costs in excess of five percent.
Note: WV Code updated with legislation passed through the 2015 Regular Session
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