West Virginia ends Fiscal Year 2025 above estimates, but lower than previous year
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4 Articles
West Virginia ends Fiscal Year 2025 above estimates, but lower than previous year
CHARLESTON, W.Va. (WOWK) - West Virginia ended its fiscal year with a larger General Revenue Fund Cumulative than expected, but the number was still lower than the previous year, according to Governor Patrick Morrisey. According to the governor's office, the General Revenue Fund Cumulative collections for Fiscal Year 2025 totaled $5.519 billion. Morrisey says this number is $254.8 million above the estimate for the total. “As we expected, Fiscal…
Governor Patrick Morrisey Announces Total FY2025 Collections Exceed Estimates, Ends Year Up $254 Million
CHARLESTON, WV (LOOTPRESS) – Governor Patrick Morrisey announced that final Fiscal Year 2025 General Revenue Fund Cumulative collections totaled $5.519 billion. Collections for the year were $254.8 million above estimate and 3.3% below prior year receipts of $5.71 billion. The surplus was attributable to better than expected income tax collections, a late year surge in severance tax receipts and higher than estimated interest income related reve…
Governor Patrick Morrisey Announces Total FY2025 Collections Exceed Estimates, Ends Year Up $254 Million - West Virginia Daily News
Charleston, W.Va. (WVDN) – Governor Patrick Morrisey announced that final Fiscal Year 2025 General Revenue Fund Cumulative collections totaled $5.519 billion. Collections for the year were $254.8 million above estimate and 3.3% below prior year receipts of $5.71 billion. The surplus was attributable to better than expected income tax collections, a late year surge in severance tax receipts and higher than estimated interest income related revenu…
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