West Virginia shatters all-time financial records with close of fiscal year

Gov. Jim Justice announced that West Virginia’s cumulative revenue collections for Fiscal Year 2023 will come in at $1.8 billion over estimate – shattering the all-time record for biggest single-year revenue surplus in state history for the second straight year in a row. 
“This is an unbelievable accomplishment, and is undeniable proof that the days of West Virginia being known as poor, backward, and behind-the-times are over once and for all,” Gov. Justice said. “West Virginia is growing, our people are employed and raising their families here, companies from all over the world are investing in us, and we’ve changed the image of our state to the outside world in a major way.

“All West Virginians should take a lot of pride in this historic announcement, because, at the end of the day, this money belongs to them. The records we’ve shattered with the close of this fiscal year are all-time historic and will be written into the history books forevermore.

“I’m going to work with the Legislature to take what’s left unappropriated and continue to make wise investments in what we know will bring us more goodness, like infrastructure, federal matches, and tourism, because the more we tell the world about West Virginia, the more people will want to live, work, and raise their families here.”