WV State Severance Tax Revenue Whacked by Low NatGas Price

November 20, 2019November 20, 2019

Not long ago we highlighted the problem of falling severance tax revenue in West Virginia (see Falling WV Severance Tax Revenue a Problem for Gov. Justice). The state previously forecast severance tax revenues of $85 million for July, August and September. They got $59 million--or $26 million less. Unfortunately for WV the same downward trend continued in October.

To view this content, log into your member account. (Not a member? Join Today!)