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West Virginia's new governor confronts a budget deficit as October tax collections fall 3.67%.
West Virginia's new governor will face a budget deficit, with October tax collections falling 3.67% short of projections.
Key revenue sources, like personal income tax and severance taxes, are underperforming, contributing to a fiscal challenge.
Despite a projected surplus of over $80 million for the year, down from previous surpluses, rising costs for public services and recent tax cuts complicate the budget outlook, necessitating a reevaluation of priorities.
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El nuevo gobernador de Virginia Occidental enfrenta un déficit presupuestario cuando las recaudaciones de impuestos de octubre caen 3.67%.