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Friday, November 15, 2024

West Virginia's miscellaneous tax revenues down 3.1% since Q1 2023

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West Virginia Tax Commissioner Matthew Irby | West Virginia State Tax Department

West Virginia Tax Commissioner Matthew Irby | West Virginia State Tax Department

West Virginia collected $251 million in miscellaneous tax revenue during the first quarter of 2023, a 3.1% decrease from the same period the previous year when $259 million was reported, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.

The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Q1 2023 West Virginia Tax Collections

Type of TaxAmount (millions)
Property Taxes$2
Sales and Gross Receipts Taxes$815
Income Taxes$668
License Taxes$38
Miscellaneous Taxes$251

Source: U.S. Census Bureau

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