Falling: State revenue off $169 million in January
By Daniel Tyson, REGISTER-HERALD REPORTER
West Virginia witnessed a 53 percent drop in severance tax revenue in January when compared to the same period in 2015.
Additionally, a lack of growth in personal income tax and sales tax in January led to cumulative collections of $2.29 billion, nearly $169.5 million below estimate, according to tax figures released Wednesday.
The massive loss did not...