CHARLESTON – West Virginia revenue officials have initiated the process of developing the state’s budget for fiscal year 2027, beginning work even as the current fiscal year 2026 is underway. The early start aims to ensure a comprehensive and well-planned financial roadmap for the state.
Despite being just over two months into fiscal year 2026, which commenced july 1, 2025, the West virginia Department of Revenue is already focused on the financial projections and allocations for the period beginning July 1, 2026, and ending June 30, 2027. This proactive approach allows for thorough analysis of revenue streams, anticipated expenditures, and potential economic factors that could influence the state’s financial standing. The progress of the fiscal year 2027 budget will involve collaboration between state agencies, lawmakers, and stakeholders to prioritize funding for essential services and initiatives.