Contact Us ·  Advertise With Us ·  Site Map
HOME    WEATHER    NEWS    SPORTS    COMMUNITY    BUSINESS    HEALTH    ENTERTAINMENT        
CarSoup Closings & Delays First Alert Traffic Community Photos/Videos Job Board Contests TV3 on the Go Desktop Alert
DTV Transition
Go Green
Holiday Shopping
Current Radar
About WHSV
Live Newscast
WHSV Poll
In this tough economy, do you think the best shopping deals will be on Black Friday or closer to Christmas?

Black Friday
Closer to Christmas
Not Sure


High Prices Affect Tax Collection Save Email Print
CHARLESTON, W.Va. (AP)
Posted: 7:00 PM May 20, 2008
Last Updated: 5:12 PM May 20, 2008

A | A | A

The high gasoline prices are apparently affecting West Virginia's gas tax collections, which are used to fund highway repair and construction projects.

Tax Commissioner Virgil Helton spoke to the Council of Finance and Administration Monday during legislative interims. He told the group that April's state tax of 32.2 cents per gallon brought in $30.5 million. That's $2.35 million, or seven percent, less than projected.

He said collections also were down four percent compared to April 2007, when the gas tax brought in $31.87 million.

Helton says consumers have changed their driving habits because of the high gas prices and are logging less miles.

Senate Finance Chairman Walt Helmick noted that if the trend continues, it could have major effects on the state Road Fund, which relies heavily on gas tax collections. The Pocahontas County Democrat suggested that the Legislature focus now on alternative ways to finance highway construction.

More Stories
Local Teacher Writes Children's Book About Capitol Christmas Tree

Share The Gift of Reading

Family Calls for Forgiveness

Personal Property Taxes Due Friday

Farm Bureau Hoping to Avoid Cuts

Saturday's JMU Game to be Televised Locally

Man Arrested for Fatal Crash

Charges Certified Against Cab Driver

Post Your Comments
First Name:
Location:
Enter Comments: characters left
Email (optional):
Email will not be displayed on site. For station contact purpose only.
This content requires the latest Adobe Flash Player and a browser with JavaScript enabled. Click here for a free download of the latest Adobe Flash Player.
National AP Video