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State revenue is solid for the year, and over estimates, but down from last year because of personal income tax reductions and severance taxes.
Continue Reading Take Me to More NewsIn a Justice administration media briefing Friday afternoon, Revenue Secretary Dave Hardy said September revenues were $210 million above than the estimated budget
Continue Reading Take Me to More NewsDecreases were expected in personal income tax revenues - and in severance taxes relating to a fluctuating coal, gas and oil market.
Continue Reading Take Me to More NewsOn this West Virginia Morning, Randy Yohe continues with our radio series "Help Wanted: Understanding West Virginia's Labor Force" by looking at the state government’s job creation and retention plans.
Continue Reading Take Me to More NewsThe release noted that at the close of the fiscal year, June 30, 2023, at midnight, total collections for the revenue year will come in at approximately $6.5 billion – 10 percent ahead of prior year adjusted collections – marking the first time in state history that final collections for a single year have exceeded $6 billion.
Continue Reading Take Me to More NewsFor the 2022 fiscal year, the state had a budget surplus of $1.3 billion. Cabinet Secretary for the Department of Revenue Dave Hardy said he expects to surpass $1.7 billion in budget surpluses for the year.
Continue Reading Take Me to More News
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