West Virginia Tax Collections Fall Below Estimates

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CHARLESTON, W.Va. (AP) – West Virginia revenue collections have failed to surpass tax estimates for the first time in 10 months.

Gov. Jim Justice said Tuesday collections in January were $3 million below estimates, blamed on weaker-than-anticipated monthly personal income tax collections.

Overall collections through the first seven months of the fiscal year are $40.9 million above revised estimates. Justice says he expects the surplus to grow through the June 30 end of the fiscal year.