State Revenue Collections for July Offer Mixed Bag
11 Articles
11 Articles
West Virginia July revenue collections exceed estimate by $11 million
CHARLESTON, W.Va. — West Virginia collected $388 million in General Revenue Fund revenue in July, exceeding the state’s estimate by $11 million, according to figures released by Gov. Patrick Morrisey’s administration.
It was driven by the special maturity of earnings; revenues linked to foreign trade fell again by the high base of comparison and by the decrease of aliquot in several crops
The result was marked by a greater dynamism of domestic taxes, which compensated for the fall in customs revenues, affected by the appreciation of Guaraní. According to the data of the DNIT, the total collection of July was higher in G. 140,262 million (USD 23.5 million) than in July 2025, when the revenues had reached G. 3.94 billion (USD 661.4 million). Internal taxes sustain growth The increase was explained mainly by the evolution of taxes a…
The tax collection gave some truce, stopped falling in July and scored a rise of 1% real year-on-year, if the inflation of 2% is taken as valid during the last month, as marked by the consensus of the last REM of BCRA. It explained a specific phenomenon that occurred in July: the expiration of Profits for human persons in July, unlike that of 2025 that was in June, made the difference. Without that, a fall would have been recorded. However, the …
According to ARCA data, the collection totaled $22.9 billion, marking an increase of 35.1% over the same month last year. Read more
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