Episode Details
Back to EpisodesWest Virginia's March Revenue Surge
Description
West Virginias March revenue soared, exceeding estimates by $39 million and surpassing last years performance by 4.4%. The states year-to-date revenue is $199 million ahead of projections, with a projected surplus of at least $250 million. The only soft spot was personal income tax, which was down 10.9% due to faster refunds. Other taxes, such as consumer sales tax, severance taxes, and insurance premiums, performed exceptionally well. The states interest income is also up, and a recent 5% income tax cut will soon put more money in residents pockets.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
advertise@thednn.ai
This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.
View sources & latest updates:
https://sources.thednn.ai/0cdbbedf9f655f72