Winkler v. State School Building Authority

MILLER, Justice:

The question that we are asked to decide on this appeal is whether the Circuit Court of Kanawha County was in error when it held in its July 9, 1993 order that the Capital Improvement and Revenue and Refunding Bonds, Series 1993, issued by the appellant, State of West Virginia School Building Authority (SBA) in the amount of $338,145,000, were invalid as violating Sections 4 and 6 of Article X of the Constitution of West Virginia.1 These constitutional provisions restrict the ability of the State to issue bonds that draw upon the State’s general revenue funds.

I

The appellants…