{"id":867785,"date":"2026-10-02T03:06:12","date_gmt":"2026-10-02T03:06:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/867785\/"},"modified":"2026-10-02T03:06:12","modified_gmt":"2026-10-02T03:06:12","slug":"west-virginia-again-comes-out-ahead-on-monthly-revenue-projections-eyes-inflation","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/867785\/","title":{"rendered":"West Virginia again comes out ahead on monthly revenue projections, eyes inflation"},"content":{"rendered":"<p>    <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/10\/IMG_9605-2048x1536.jpeg\" style=\"display:none;\"\/><\/p>\n<p>West Virginia Capitol in Charleston PHOTO: WVMetroNews\/Chris Lawrence <\/p>\n<p>West Virginia\u2019s general revenue fund exceeded monthly and year-to-date targets at the conclusion of the first quarter .<\/p>\n<p>The state collected $570 million in September, which was almost $16 million above estimate. Total year to date general revenue collections are $1.41 billion.<\/p>\n<p>\u201cIt\u2019s been very steady. We were steady both against estimates as well as prior year actuals,\u201d State Revenue Secretary Eric Nelson said on MetroNews Talkline.<\/p>\n<p>Nelson noted that key components like corporate net income tax, consumer sales tax and personal income tax largely drove the positive financial results.<\/p>\n<p>Besides that, severance tax collections performed well, supported primarily by strong activity within the oil and gas market.<\/p>\n<p>Despite a strong financial standing and significant surplus balances, officials maintain a cautious stance because of rising inflation and higher interest rates.<\/p>\n<p>\u201cYou know, one thing about the inflation you mentioned, 3.4 year over year. You take out food and energy, and it\u2019s roughly a little over 2% so a lot of the drive is in the energy and food, and yeah, you know we we we closely watch that,\u201d Nelson said.<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"West Virginia Capitol in Charleston PHOTO: WVMetroNews\/Chris Lawrence West Virginia\u2019s general revenue fund exceeded monthly and year-to-date targets&hellip;\n","protected":false},"author":2,"featured_media":867786,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101],"class_list":["post-867785","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/867785","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=867785"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/867785\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/867786"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=867785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=867785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=867785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}