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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 th...
Continue Reading Take Me to More NewsGov. Patrick Morrisey laid out the specifics on “belt-tightening” as he said the state budget faces a fiscal cliff in the upcoming fiscal year.
Continue Reading Take Me to More NewsIn his briefing on Wednesday, Gov. Jim Justice committed to continuing to cut taxes when he assumes his office in the U.S. Senate next year. He pointed to expanding the energy market as the “key to the whole situation” to raise nationwide revenue....
Continue Reading Take Me to More NewsHigher coal and natural gas prices, and higher demand for both generated a severance tax windfall that fattened the state’s budget surplus last year.
Continue Reading Take Me to More NewsFor 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 NewsThe coal it does not consume will not generate severance tax revenue for state and local government.
Continue Reading Take Me to More News
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