© 2021 West Virginia Public Broadcasting
Telling West Virginia's Story
Play Live Radio
Next Up:
Available On Air Stations

Report Says State Revenues $115M Short of Projections

Money, Cash

The West Virginia Department of Revenue says state finances continue to lag.

As of Nov. 30, the state had collected about $115 million less than expected. The cumulative total of $1.52 billion also is about $83 million less than the state had collected at the same time a year.

For the month of November alone, General Revenue Fund collections were $290 million — nearly $23 million below projections, and 1.6 percent below prior year receives.

Revenue Cabinet Secretary Robert S. Kiss says the state continues to see a big decline in severance tax collections, as well as a lack of growth in personal income tax and sales tax revenue.

WVPB is local news, education, music, and entertainment for West Virginia.
Your donation today will help keep us strong and vital.