(AP) — State officials
say January's tax collections provided no signs of an economic turn for West Virginia.
Multiple news outlets
report that the state collected $374.3 million in revenue last month.
Those figures were down $9.8 million from January 2015 and missed estimates by
$11.5 million.
Deputy
Revenue Secretary Mark Muchow says the numbers continue to look bad in February
and March.
The state's year-to-date
tax collection of $2.29 billion is also running $169.5 million below estimates
Two areas
that exceeded estimates in January were sales and personal income tax
collections, as the state collected $195.3 million in personal income
and $132.6 million in sales taxes.
Muchow went
on to say that the lack of economic growth is a result of the lack of
employment and wage growth in West Virginia.
