Revenue

Overall State Tax Collections Up 3% Over Estimate

West Virginia brought in $16 million more than projected for September, 3% ahead of estimate. For the first three months of the fiscal year, collections are up $62 million with increases in most – but not all -- categories.

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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 Finishes Fiscal Year With $175M Unappropriated Surplus

West Virginia finished the 2026 fiscal year with a total surplus of nearly $460 million dollars. As often happens at the end of the legislative session, money, is allocated to what is referred to as the “back of the budget." These are projects that will be paid for using any excess revenue for the year. After all those appropriations were addressed, the state still has approximately $175 million that has not been spoken for, according to a report from the West Virginia Department of Revenue.

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