CHARLESTON, WV (WVDN) — Gov. Jim Justice announced that West Virginia recorded a $36.7 million surplus in December, the sixth month of Fiscal Year 2025, with total revenue collections surpassing $575.2 million.
“West Virginia continues to prove what happens when you make the right decisions and put our people first,” Gov. Justice said. “These surpluses haven’t happened by accident – they’re proof of our state’s momentum and growth. Throughout my administration, we’ve shown the nation that West Virginia is a place where businesses can thrive, families can succeed, and opportunities are endless. This kind of success isn’t built overnight—it’s the result of years of hard work, smart fiscal management, and a commitment to excellence. I’m incredibly proud of how far we’ve come, and I have no doubt that the best days for West Virginia are still ahead of us.”
Additional December revenue highlights include:
- Personal income tax collections exceeded estimates by $11.4 million, with year-to-date collections surpassing $1.08 billion.
- Corporation net income tax collections exceeded estimates by $18.4 million, with year-to-date collections totaling $177.8 million.
- Severance tax collections exceeded estimates by $13.8 million, with year-to-date collections totaling $127.6 million.
- A one-time $23.4 million miscellaneous transfer contributed to the overall surplus for the month.
- Year-to-date revenue collections exceeded estimates by $41.7 million, totaling more than $2.676 billion for the first half of the fiscal year.
