Blog Posts > February Revenue Surplus Supported by Low Estimate, High Severance Revenue
March 4, 2022

February Revenue Surplus Supported by Low Estimate, High Severance Revenue

Charleston Gazette-Mail, Williamson Daily News – The State of West Virginia exceeded its monthly revenue estimate for February by more than $59 million, according to a report from the Senate Finance Committee. Read the full article.

The excess in revenue continues to be built on a foundation of historically lowered revenue expectations, as has become a key method of the Gov. Jim Justice Administration’s financial management strategy.

The state has exceeded its total revenue estimate by a little more than $600 million for the total fiscal year 2022, which ends June 30.

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