CHARLESTON, WV – Today, Gov. Jim Justice joined state revenue officials for his virtual Economic Pandemic Impact Review briefing. The Governor announced that, with the final numbers now in the books, West Virginia ended July, the first month of fiscal year 2021, with a $243.9 million cash surplus, despite the effects that the COVID-19 pandemic has had on the state’s economy.
Additionally, Gov. Justice announced that the State ended Fiscal Year 2020 with a budgetary surplus of $28 million.
“At the end of the day, West Virginia is in profoundly good shape,” Gov. Justice said. “Even though it’s been a tough time since March, all along I felt like if we could just get through this past year, it would be a tremendous accomplishment. But these numbers are an absolute miracle.”