MORE WEST VIRGINIA NEWS
West Virginia News
News from the region's first prime-time newscast. You'll find it First On Fox!
W.Va. tax collections up in January, year-to-date collections $73M less than anticipated
Reported by: Associated Press
Tuesday, February 4, 2014 3:18 AM EST
For the first time this fiscal year, state tax collections in West Virginia have exceeded monthly projections.
Collections in January totaled $391.7 million. Muchow says that included $15 million in taxes that were due Dec. 31 and were posted as January revenue.
Personal income tax collections were about $2.2 million ahead of January's projections, while sales taxes were $2.3 million below expectations.
Overall, yearly collections are down 1.1 percent compared with the same time a year ago.