November tax collections, investment returns add to West Virginia fiscal year surplus

Graphic by Steven Allen Adams

CHARLESTON — Tax collections in November, combined with $20 million in short-term investment returns, helped add to West Virginia’s growing tax revenue surplus.

The state Department of Revenue and the Senate Finance Committee both released reports Monday detailing tax collections for November and the first five months of fiscal year 2026 for West Virginia’s general revenue fund.

Tax collections in November of $442.4 million were 6.9 percent more than the nearly $414 million Department of Revenue estimate for the month, providing the state with $28.5 million in surplus tax collections over the 30-day period ending Sunday.

Fiscal year-to-date tax collections between July and November were $2.231 billion, which was 6.3 percent more than the nearly $2.1 billio