West Virginia - Public finance



The state constitution requires the governor to submit to the legislature within 10 days after the opening of a regular legislative session a budget for the ensuing fiscal year (1 July–30 June).

Total revenue for 2000/01 was estimated at $8 billion, 35% from the general fund, 30% from federal funds, 23% from special revenue funds, and 12% from state road funds. Expenditures were expected to equal revenue, including: health and human resources (29%), education (22%), transportation (17%), higher education and the arts (14%), and public safety (3.4%).

The overall budget for 2003/04 was $8.1 billion. General fund expenditures were budgeted at $3.034 billion (equal to expected revenues), of which $1.56 billion (51.4%) were targeted for public education.

The following table from the US Census Bureau contains information on revenues, expenditures, indebtedness, and cash/securities for 2001.

West Virginia

  ($000) PERCENT PER CAPITA
Population (thousands, 2001) 1,801 (X) (X)
Total Revenue 8,296,556 100.00 4,606.64
General revenue 6,958,550 83.87 3,863.71
Utility revenue 374 0.21
Liquor store revenue 50,784 0.61 28.20
Insurance trust revenue 1,286,848 15.51 714.52
Exhibit: Salaries and wages 1,182,154 16.19 656.39
Total expenditure 7,300,483 100.00 4,053.57
General expenditure 6,165,244 84.45 3,423.23
Education 1,930,625 26.45 1,071.97
Public welfare 1,564,560 21.43 868.72
Hospitals 74,653 1.02 41.45
Health 145,136 1.99 80.59
Highways 1,187,038 16.26 659.10
Police protection 37,874 0.52 21.03
Correction 122,009 1.67 67.75
Natural resources 148,350 2.03 82.37
Parks and recreation 58,026 0.79 32.22
Government administration 316,539 4.34 175.76
Interest on general debt 216,642 2.97 120.29
Other and unallocable 363,792 4.98 201.99
Utility expenditure 4,025 0.06 2.23
Liquor store expenditure 44,112 0.60 24.49
Insurance trust expenditure 1,087,102 14.89 603.61
Debt at end of fiscal year 4,091,919 100.00 2,272.03
Cash and security holdings 10,313,189 100.00 5,726.37


Jump to a detailed profile or search
site with Google Custom Search


All US cities
West Virginia bigger cities, West Virginia smaller cities, West Virginia small cities
West Virginia detailed state guide