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State revenue numbers for the month of January were slightly higher than last January, but they still came in below the 2026 budget estimate.
Continue Reading Take Me to More NewsIn the five months of the current fiscal year so far, the state brought in approximately $130 million in revenue more than budgeted, but it may not be as good as it seems.
Continue Reading Take Me to More NewsRevenue collections for the state are up with a $28.5 million surplus, and collections are also up 10.5% from the previous November, according to state officials.
Continue Reading Take Me to More NewsHistorically, coal generated the bulk of severance taxes. But the advent of hydraulic fracturing, or fracking, gave gas the advantage.
Continue Reading Take Me to More NewsOn this episode of The Legislature Today, higher demand for coal and natural gas, as well as higher prices, produced a severance tax windfall for the state over the past few years. But prices have fallen, and with it, tax revenues. To get a better idea of where things stand, Curtis Tate spoke with Kelly Allen, executive director of the West Virginia Center on Budget and Policy.
Continue Reading Take Me to More NewsDecreases were expected in personal income tax revenues - and in severance taxes relating to a fluctuating coal, gas and oil market.
Continue Reading Take Me to More News
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