CHARLESTON, W.Va. -- State revenue collections continued to sputter in November, increasing the likelihood budget officials will cut spending in the middle of the budget year.
The state has collected about $57 million less in taxes than it anticipated since the start of the budget year in July, Budget Director Mike McKown said Monday afternoon.
Typically released the first business day of each month, McKown said the entire monthly revenue report was not published Monday due to technical problems.
The shortfall could change once the final report is released. There's no question spending cuts are on the table though, McKown said.
"We're down $57 million after 5 months," McKown said. "I would say mid-year budget cuts are a strong possibility."
The state hasn't made any official decision on mid-year cuts, McKown said. A spokeswoman for Gov. Earl Ray Tomblin didn't respond to a request for comment about the revenue report.
Most of that shortfall is attributed to sluggish personal income tax collections. McKown said he expects those collections to fall about $37 million short of estimates.