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W.Va. Tax Collections Fall Below Estimates in March
By: Associated Press
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CHARLESTON, W.Va. (AP) – West Virginia revenue collections are $191 million ahead of estimates with three months left in the fiscal year.
Gov. Jim Justice says tax collections in March were $3.8 million lower than estimates. He says the performance reflected an anticipated slowdown in winter construction.
Justice says the state remains on track for a significant year-end surplus. Nearly all of the current surplus occurred in the first six months of the fiscal year.
The general revenue tax collections of $333 million last month were 1.6 percent higher than collections in March 2018.