Skip to content

West Virginia Road Fund – October 2023 Highlights

WV State Outline with Road

The West Virginia Department of Revenue concluded the first four months of the 2024Fiscal Year with four percent over their initial estimate.  With the total combined revenue of Fuel Tax, Registration Fees, Privilege Tax and Litter Fees being $324.6 million, compared to its estimate of $313.2 million.

Motor Fuel Tax carried much of the excess as the winter season draws near, with collections totaling some $170.5 million, $15.5 million above the estimates.  Vehicle Sales tax collections totaled $112.5million roughly $7 million above estimates possibly due to the lingering high prices for vehicles.  According to Cox Automotive, “the average price paid for a new non-luxury vehicle in September was $44,626, an increase of 1% from one year ago.”

While Fuel and Sales tax collections were both more than predictions, Registration Fees trailed estimates, roughly $11 million, totaling $41 million.  This trailing in Registration fees follows the like trend as mentioned in July regarding the decreased overall vehicle sales across the nation. As mentioned, nationally, roughly 9% fewer vehicles were sold in the calendar year 2022 when compared to 2021.

When compared with FY 2023, the last four months of the Vehicle Sales Tax remained even, Registrations lagged roughly $4 million, but Motor Fuel Tax revenues increased roughly $25 million.

A breakdown of July– October FY 2024 collections verses this years estimates and previous year collections are as followed, and the full report can be found here:

FY 2024 ESTIMATED COLLECTIONS
July – October
FY 2024 ACTUAL COLLECTIONS
July – October
FY 2023 ACTUAL COLLECTIONS
July – October
MOTOR FUEL  155,000,000170,500,000145,383,000
PRIVILEGE TAX  105,500,000112,495,000112,242,000
REGISTRATION  52,050,00041,047,00045,044,000
HIGHWAY LITTER FEES  609,000566,000585,000
TOTAL DEDICATED TAX  $ 313,159,000$ 324,608,000$ 303,254,000

*Source: WV State Budget Office

Past Posts

WVDOH Specification Committee – May 7, 2025

By JCrane | 2025/04/24

The WVDOH announces its May Specifications Committee meeting, which is scheduled for Wednesday, May 7 at 9:00 a.m. at the WVDOH Building 5 Conference Room…

Gov. Morrisey Signs Amended Budget Bill

By JCrane | 2025/04/21

On Thursday evening April 17, following the vetoing of several line items, Gov. Patrick Morrisey signed into law a version of House Bill 2026, the…

WVDOH Sweeps 2024 Perpetual Pavement Awards

By JCrane | 2025/04/17

The WVDOH was among 15 other Agencies across the country to earn honors for long-life asphalt pavements which deliver sustainable performance.  Awarded annually by the…

National Work Zone Awareness Week 2025

By JCrane | 2025/04/15

Work Zone Awareness Week (WZAW) has been successful in spreading awareness for work zone safety across the country because of participation from organizations and individuals…

WVDOH Returns to E-Notarizing Documents

By JCrane | 2025/04/15

The WVDOH recently updated their policies, giving them the ability to accept e-notarizations when executing contract documents for projects awarded through Contract Administration Division for…

WV Legislature Approves FY2026 Budget – $125M Surplus to Road Fund

By JCrane | 2025/04/15

Update – April 17th, Governor Morrisey signed into law the 2026 state budget.  See here for more details here. The West Virginia Legislature adjourned the…

MP Committee Meeting – April 16, 2025

By JCrane | 2025/04/11

The WVDOH announced an upcoming Materials Procedures (MP) Committee meeting.  The meeting will be held in person on April 16 at 10:00 a.m. at the…

WVDOH April Material Indices

By JCrane | 2025/04/01

WVDOH has released the Asphalt, Concrete and Fuel price adjustment indices for the month of April 2025 as shown below.

Period – 4/1/2024
#2 Fuel (Gal) – $2.3297
Asphalt (Ton) – $579.00
Cement (Ton) – $195.28

Historical and individualized information can be found on our Index page.

Paving Industry Convenes for 45th Asphalt Paving Conference

By JCrane | 2025/03/21

Even with a winter storm that moved eastward over the area, nearly 200 individuals from industry, WVDOH, and academia joined together for the 45th Annual…

AWP – Industry Sample Submissions

By JCrane | 2025/03/21

APAWV received a letter dated March 4, 2025 from the West Virginia Division of Highway’s materials division recently regarding Contractor’s responsibility to initiate and enter…