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    West Virginia Taxes Down Despite Coal and Gas Increase


    CHARLESTON– West Virginia tax authorities say the state collected $401 million in January, almost $18 million below the budget estimate.

    For the first seven months of the fiscal year, the state collected $2.26 billion. That’s $116.2 million below the estimate but $35 million above last year’s receipts.

    The consumer sales and use tax was $26.4 million lower than expected.

    However, the state’s severance tax collections mainly from coal and natural gas production were nearly $37.3 million, which was $7.2 million above the estimate and nearly 3.2 times greater than the same month last year.

    Gas prices have rebounded and coal production has had an uptick from recent declines.



    Rachel Ayers

    Rachel Ayers started as a multi-media journalist at WOAY in October of 2015. She then moved to evening anchor in September of 2016. Read More