Monday, August 16, 2010

State Department of Revenue Secretary to leave for job in the private sector

    CHARLESTON -- Gov. Joe Manchin today announced that Department of Revenue Secretary Virgil T. Helton will step down from his duties on Aug. 31. Helton has accepted a position with FAST Enterprises, a Colorado-based company.

    Helton served the Manchin administration from January 2005 to October 2007 as state tax commissioner for the West Virginia State Tax Division. Since October 2007, he served as cabinet secretary of the West Virginia Department of Revenue. Prior to 2005, Helton served as deputy director and chief financial officer of the West Virginia Lottery.

    John C. Musgrave, Lottery director, will replace Helton and serve as acting secretary of the Department of Revenue. As part of his new role, Musgrave will take over duties including serving as the state budget director, the Governor’s designee for the Investment Management Board, the Board of Treasury Investments, and chair of the Retail Liquor Licensing Board. Musgrave will continue to oversee the State Lottery along with the nine other Department of Revenue agencies.

    “I am very honored to have served West Virginia under the leadership of Governor Manchin,” Helton said. “Without Governor Manchin’s dedication to fiscal responsibility and direction, West Virginia would not be in the current, solid financial footing that the state currently enjoys. While I am proud of the work the Department of Revenue has been able to accomplish in these most challenging times, it is time for a new chapter of my life to begin.”

    The Department of Revenue is comprised of ten agencies: Alcohol Beverage Control Administration, State Athletic Commission, Division of Banking, State Budget Office, Lottery Commission, Municipal Bond Commission, Offices of the Insurance Commissioner, Office of Tax Appeals, Racing Commission and State Tax Division.

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