Blog Posts > If Amendment 2 Passes West Virginia Counties Could Lose Nearly $350 Million
July 25, 2022

If Amendment 2 Passes West Virginia Counties Could Lose Nearly $350 Million

While the total potential cost of Amendment 2 and subsequent property taxes exemptions is $515 million per year, the state’s school aid formula would automatically make up many of the regular school levy funding losses. Even so, school districts, county governments, and municipal governments could lose nearly $350 million if the taxes under consideration in Amendment 2 are exempted, putting at grave risk school funding, local public services including EMS and fire response, and services that make our communities great places to live like parks and libraries.

CountySchool Excess and Bond Levy Revenue LossRegular Levy Loss After School Aid FormulaTotal School Loss Not Made Up By School Aid FormulaTotal County Government Funding LossTotal Municipal Government Funding LossTotal County Impact
BARBOUR$0$339,908$339,908$1,182,540$175,136$1,697,584
BERKELEY$6,888,161$54,589$6,942,750$3,886,341$746,987$11,576,078
BOONE$2,210,839$390,966$2,601,805$1,989,275$214,637$4,805,717
BRAXTON$301,899$244,561$546,461$861,708$90,000$1,498,169
BROOKE$4,133,558$658,373$4,791,931$3,401,063$962,265$9,155,259
CABELL$9,957,500$937,685$10,895,185$7,810,842$2,691,748$21,397,775
CALHOUN$29,785$42,655$72,440$202,528$4,790$279,758
CLAY$93,518$51,013$144,531$179,744$9,321$333,596
DODDRIDGE$4,157,508$1,455,114$5,612,622$2,998,116$21,516$8,632,254
FAYETTE$2,065,177$342,235$2,407,411$1,873,628$416,305$4,697,344
GILMER$154,301$79,876$234,177$370,204$42,669$647,050
GRANT$376,367$247,164$623,531$870,881$54,719$1,549,131
GREENBRIER$2,157,052$758,717$2,915,769$1,577,974$481,892$4,975,635
HAMPSHIRE$416,751$194,188$610,939$784,697$39,722$1,435,358
HANCOCK$3,910,560$513,373$4,423,933$2,100,336$820,166$7,344,435
HARDY$266,416$214,629$481,045$760,430$164,387$1,405,862
HARRISON$7,304,693$1,808,973$9,113,667$6,553,743$2,821,109$18,488,519
JACKSON$4,257,709$752,530$5,010,239$3,656,656$396,962$9,063,857
JEFFERSON$3,534,132$516,828$4,050,960$1,887,158$395,040$6,333,158
KANAWHA$19,031,206$3,367,550$22,398,757$16,908,335$8,055,941$47,363,033
LEWIS$691,051$271,766$962,817$957,561$107,264$2,027,642
LINCOLN$247,745$44,184$291,929$213,309$8,890$514,128
LOGAN$3,664,343$648,003$4,312,346$3,370,557$272,382$7,955,285
MARION$4,084,381$748,728$4,833,109$3,295,979$845,227$8,974,315
MARSHALL$11,644,060$2,700,106$14,344,165$6,240,839$892,897$21,477,901
MASON$1,686,719$298,280$1,984,998$1,216,348$145,393$3,346,739
McDOWELL$1,693,379$299,458$1,992,837$1,055,134$157,136$3,205,107
MERCER$3,122,126$548,115$3,670,241$1,945,377$523,464$6,139,082
MINERAL$2,297,905$406,362$2,704,266$1,711,163$283,669$4,699,098
MINGO$1,855,200$194,131$2,049,331$1,085,046$199,671$3,334,048
MONONGALIA$8,127,801$1,279,728$9,407,529$6,044,663$1,633,104$17,085,296
MONROE$513,443$70,210$583,653$439,898$28,409$1,051,960
MORGAN$551,734$139,127$690,861$490,659$29,569$1,211,089
NICHOLAS$1,298,304$293,477$1,591,781$1,226,271$284,194$3,102,246
OHIO$5,901,822$1,386,754$7,288,576$2,916,651$1,623,997$11,829,224
PENDLETON$0$83,202$83,202$293,163$16,756$393,121
PLEASANTS$1,942,439-$352,397$1,590,042$1,004,635$175,907$2,770,584
POCAHONTAS$0$134,201$134,201$472,856$33,847$640,904
PRESTON$1,733,375$366,781$2,100,156$1,398,991$245,385$3,744,532
PUTNAM$6,306,292$1,037,435$7,343,728$2,958,340$566,647$10,868,715
RALEIGH$6,036,562$1,146,836$7,183,397$4,595,151$880,781$12,659,329
RANDOLPH$0$445,819$445,819$1,436,152$295,563$2,177,534
RITCHIE$853,571$228,988$1,082,560$1,176,807$72,388$2,331,755
ROANE$130,761$114,868$245,629$584,743$49,530$879,902
SUMMERS$0$72,955$72,955$257,055$58,139$388,149
TAYLOR$931,035$329,288$1,260,323$1,518,053$154,708$2,933,084
TUCKER$0$165,464$165,464$603,789$91,251$860,504
TYLER$3,752,124$1,372,793$5,124,917$2,396,782$77,705$7,599,404
UPSHUR$929,602$377,649$1,307,251$1,352,321$263,580$2,923,152
WAYNE$3,267,231$297,690$3,564,921$1,806,983$370,790$5,742,694
WEBSTER$0$102,792$102,792$362,186$35,960$500,938
WETZEL$6,379,527$1,207,747$7,587,273$4,152,947$366,768$12,106,988
WIRT$196,118$38,526$234,643$196,415$9,304$440,362
WOOD$6,704,246$971,305$7,675,551$4,395,109$2,684,208$14,754,868
WYOMING$1,941,875$203,200$2,145,074$1,135,739$129,368$3,410,181
STATE TOTAL$158,106,289$31,337,244$189,443,533$124,163,871$32,219,163$346,759,432

Notes:

-This table projects all possible losses if Amendment 2 were to pass and the Legislature exempted all taxes they are given authority over including business machinery and equipment, inventory, and personal vehicles.

-While the state’s school aid formula would make up much of the county school funding lost under the regular levy, there would still be an overall funding reduction. The school aid formula would not make up any excess levy or bond funding.

-These estimates are conservative as they do not account for $50 million in supplemental property taxes that were not available broken down by county.

Donate Today!
Icon with two hands to donate today.
Donate

Help Us Make West Virginia a Better Place to Live

Subscribe Today!
Icon to subscribe.
Subscribe

Follow Our Newsletter to Stay Up to Date on Our Progress

Thanks for reading our post 🙂

We have a great newsletter, join below:


By submitting this form, you are consenting to receive marketing emails from: West Virginia Center on Budget and Policy, 8 Capitol Street, Charleston, WV, 25301. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact