Revenue Estimates

Treasurer Hopes New Analysis Dispels Confusion Around Data Center Tax Revenue

The analysis predicts the total tax income from two of the data center projects currently under development at over $100 million annually, a fraction of the roughly $17 billion the companies will spend developing the data centers.

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State Tax Revenue Above Estimate For Fiscal Year To Date

State tax collections for August are higher than expected, but the pace is expected to cool as the most recently passed personal income tax cuts are fully implemented.

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State Revenue Down Slightly From Last November

West Virginia collected 1 percent less revenue in November 2024 than in November 2023. Figures for the fiscal year as a whole show a more significant decrease.

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