By Phil Kabler, Charleston Gazette-Mail
CHARLESTON, W.Va. — State tax collections in November continued to top expectations as federal pandemic stimulus funding continues to churn the state economy.
For November, the state collected a total of $342.49 million in tax revenue, about $20.05 million, or 6%, above estimates for the month, according to data from the state auditor and Senate Finance Committee.
It was also up about $19.6 million over November 2019 collections.
Personal income tax collections of $149.83 million led the way, coming in $14.8 million ahead of estimates.
The other key pillar of state revenue collections, consumer sales taxes, also topped expectations, coming in $6.66 million over estimates at $133.61 million.
That combined revenue surplus of nearly $21.5 million helped offset a number of underperforming tax collection categories for the month, notably including severance tax collections of $21.02 million…