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W.Va. tax revenues up $56M for budget year

CHARLESTON, W.Va. (AP) - West Virginia remains on track for a
modest general revenue surplus after a rough patch for tax
collections.

December general tax revenues beat their estimate by nearly $29
million. They totaled $336 million for the month.

That marks a rebound from November, when revenues missed their mark by $42 million.

State government is now halfway through its budget year. It has
collected nearly $2 billion, or $56 million more than expected so
far.

All of the major taxes that reflect economic activity were up
for the month and the budget year to date. Most are performing
better than they were at this point in the previous budget year.

State revenue officials continue to see West Virginia's energy
sector playing a key role. Besides coal, natural gas is also a
factor.


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