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This week, author Silas House returns with a sweeping new novel. Also, some folks say, you have to fake it 'til you make it, even if you're trying to establish a state park. And, the story of the first Mothman sightings as written by a small town journalist in 1966.
January State Revenue $13.8 Million Below Estimates
Gov. Patrick Morrisey will propose a new budget along with his State of the State on Feb. 12.WV Legislative Photography
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As fiscal concerns flare entering the legislative session, January’s Senate finance revenue report shows the state took in at least $13,800,000 less than the State Budget Office anticipated for the month.
West Virginia collected nearly $478,000,000 in general revenue last month, 2.8% below the roughly $491,000,000 revenue estimated by the State Budget Office.
The revenue report represents collections from three major tax sources: personal income tax, consumer sales and the use tax and severance tax — which comes from companies extracting natural resources in the state. It fluctuates depending on the market.
Actual Revenue
Expected Revenue
Percent Difference
Personal Income Tax
$217,556,057
$220,500,000
-1.34%
Severance Tax
$19,922,372
$48,000,000
-58.50%
Consumer Sales and Use Tax
$163,585,412
$158,200,000
3.40%
Table of revenue difference for the three major taxes the Senate finance report listed in detail. Credit: Caelan Bailey/West Virginia Public Broadcasting; Source: Budget Analyst Chris DeWitte, West Virginia Senate Finance Committee
With less severance tax revenue than expected, West Virginia’s corporate income tax revenue came in as the state’s third highest-revenue tax for January — totaling $27,603,000 in revenue and outpacing Budget Office estimates by 313.67%.
The state’s general revenue is behind last January’s general revenue performance and total revenue.
In addition to the major taxes, general revenue collections also represent corporate net income tax, tobacco tax and other taxes collected by the state. Lottery revenues are cataloged separately and reported at a delay; for December, lottery collections totaled $114,804,000, $16,576,000 above estimates.
Table of January revenue. Credit: Budget Analyst Chris DeWitte, West Virginia Senate Finance Committee
The fiscal year began July 1. The state is still ahead of estimates, with year-to-date collections ahead of predictions by nearly $28,000,000, or 0.89%.
For the next fiscal year, Gov. Patrick Morrisey says the state faces a $400 million deficit if West Virginia’s budget structure stays the same. This comes after years of personal incometax cuts and a lack of long-term projections from the governor’s office, which has exclusive access to some detailed state financial information.
On this West Virginia Week, our voter's guide is out, and it has all the information you need to know about the upcoming general election in the state. Also, another lawsuit targets the state's public school funding formula. And, a million dollar giant troll is making its way to the woods of West Virginia.
Silas House is a major voice for Appalachia. The Kentucky native has written more than 15 books and served as the state's poet laureate. His latest book is The Tulip Poplars, a sweeping novel about the lives of four people as they navigate friendship and forbidden love throughout the 20th century. Inside Appalachia's Mason Adams spoke with House.
Ryan Saxe, superintendent of Berkeley County Schools, said the suit is about whether West Virginia school funding system adequately supports what school districts are responsible for providing their students.