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State auditor pitches fee increases, P-card expansion and privatized delinquent-land sales to generate revenue
Summary
State Auditor Mark Hunt told the Senate Finance Committee his office can grow special revenue through modest securities-fee increases, better use of the P-card and privatized marketing of delinquent land sales, and outlined concerns about costly contracts for OASIS and OpenGov.
State Auditor Mark Hunt told the Senate Finance Committee on Feb. 13, 2025, that his office can raise significant revenue for the state by increasing securities-review fees, expanding use of the state purchasing card (P-card) and changing how delinquent land is marketed and sold.
Hunt, newly in office, said the auditor’s office produces “income for the State of West Virginia in excess of $300,000,000 a year” and that the office’s operating budget is about $23 million, of which roughly $2.7 million comes from general revenue. He described several “low-hanging fruit” proposals he said would boost receipts to the General Revenue Fund and provide additional special revenue for the auditor’s office.
On securities-review fees, Hunt said a modest increase in per-offering fees would raise revenue and would be borne by large investment houses rather than West…
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