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For 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 NewsNext week, in a special session called by the governor, the state legislature will look at reducing the state’s personal income tax by 10 percent overall with people in the lower rates getting slightly higher percentages.
Continue Reading Take Me to More NewsGov. Jim Justice’s proposed budget for the 2023 fiscal year includes a small increase mostly comprised of raises for state employees, according to Michael Cook, director of the West Virginia State Budget Office.
Continue Reading Take Me to More NewsWest Virginia’s secretary of revenue is warning of potential budget cuts over the next few years.In a news release, Secretary Dave Hardy said Gov. Jim…
Continue Reading Take Me to More NewsGov. Jim Justice and officials from the state Department of Revenue say West Virginia has hit a historic moment in general revenue collections.In a press…
Continue Reading Take Me to More NewsFor the first time in five years, West Virginia revenue collections are reported to be above estimates at the fiscal year halfway mark.State revenue…
Continue Reading Take Me to More News
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