West Virginia MetroNews – Heading toward an incoming administration and a newly-seated legislature, West Virginia’s state revenue is just above water.
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The latest state revenue figures show collections are just about $5 million ahead of projection. That is the margin for the $2.1 billion in general revenue that the state has collected for the fiscal year that started in July, and it’s just a sliver of the revenue estimate of $5.26 billion for the full fiscal year.
“So really, we’re right on budget. We’re right on time,” said acting Revenue Secretary Larry Pack, speaking on MetroNews’ “Talkline.”