W.Va. officials order flat budgets for FY28 despite outperforming revenue estimates
CHARLESTON — Two months into the new fiscal year, West Virginia is showing a modest tax revenue surplus, but the state’s finances did not trigger a new personal income tax cut and state departments and agencies have been told to maintain flat budgets for the next fiscal year. According to data released Tuesday by the Senate Finance Committee and the state Department of Revenue, West Virginia has collected $838.3 million in taxes for the general revenue budget for the first two months of fiscal year 2027 which began in July. As of the end of August, the state has received $46.1 ...