West Virginia Posts $53M Revenue Surplus
Gov. Jim Justice says West Virginia ended April with a more than $53 million revenue surplus.
The Republican governor announced the figure Thursday, May 2. He says revenues have been above estimates for 13 of the past 15 months.
More than $604 million total came into the state's general revenue fund, reflecting income tax payments that were due in mid-April. The year-to-day collection amount is about $3.9 billion, which is nearly a quarter of a billion dollars above the governor's office estimate.
Justice says "these are big-time numbers and while they're spectacular beyond belief, we can do even more for all of us."