Justice Says November State Revenue Far Above Estimates
West Virginia Gov. Jim Justice says state revenue collections have surpassed tax estimates for eight consecutive months.
Justice announced Tuesday, Dec. 5, that collections in November were $18.8 million above estimates. That pushes year-to-date collections to $141 million above estimates and 13.2 percent ahead of year-ago receipts.
Justice calls it “spectacular news” and says West Virginia “has a vibrant economy that is growing and getting better every day.”
He says year-to-date severance tax collections are $51.5 million ahead of last year, consumer sales tax collections are $65.5 million ahead and personal income tax collections are $82.5 million ahead.