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September tax revenues in West Virginia continue to add to modest surplus

Mountain Media, LLC by Mountain Media, LLC
October 4, 2025
in WV State News
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September tax revenues in West Virginia continue to add to modest surplus
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0By Steven Allen Adams, Parkersburg News and Sentinel

CHARLESTON — Tax collections for West Virginia’s general revenue fund in September came in above estimates for the month, reversing a slight decline and adding to a small by growing surplus.

According to reports released Wednesday by the state Department of Revenue and the Senate Finance Committee, September tax collections for fiscal year 2026 were $585.7 million, which was more than 8% above the $542 million estimate set by the state Department of Revenue, providing the state a $43.7 million surplus for the month. September revenues were also 3.2% above the $567.7 million in collections in September of last fiscal year.

Year-to-date tax collections for the first three months of the current fiscal year were more than $1.370 billion, or 4.7% above the $1.310 billion revenue estimate, taking the total general revenue surplus to nearly $61 million.

“I’m encouraged by the state’s financial performance over the first quarter of this year,” said Gov. Patrick Morrisey in a statement Wednesday afternoon. “We are beginning to see the results of difficult decisions I made earlier in the year – partnering with the Legislature to enact a fiscally conservative budget and driving program efficiencies across my administration.”

Read more: https://www.newsandsentinel.com/news/business/2025/10/september-tax-revenues-in-west-virginia-continue-to-add-to-modest-surplus/

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