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 Standards & Manuals Committee-April 2

By JCrane | 2025/03/21

The WVDOH Standards & Manuals Committee’s next meeting will be held in person on April 2, 2025, at 9:00a.m. in Room 820 in Building 5…

WVDOH March Material Indices

By JCrane | 2025/02/28

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

Period – 12/1/2024
#2 Fuel (Gal) – $2.6029
Asphalt (Ton) – $579.00
Cement (Ton) – $195.28

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

WVDOH Specification Committee – March 5, 2025

By JCrane | 2025/02/26

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

2024 Certified Emissions Statement (CES) Emission Inventory

By JCrane | 2025/02/23

The APAWV is pleased to offer, for the 31st year, a voluntary technical services program to assist you in completing the 2024 Emission Inventory. As…

Join the Statewide Preconstruction Meeting Virtually

By JCrane | 2025/02/19

If you are unable to join the industry at the 45th Annual Paving Conference, consider joining us virtually on Thursday February 20th from 8:00am –…

WVDOH February Material Indices

By JCrane | 2025/01/31

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

Period – 12/1/2024
#2 Fuel (Gal) – $2.4103
Asphalt (Ton) – $578.00
Cement (Ton) – $195.28

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

45th Annual Asphalt Paving Conference – One Month Away

By JCrane | 2025/01/24

The 45th Annual Asphalt Paving Conference and Award Luncheon is only a month away, register now!  The Conference and Luncheon will be held at the…

WVDOH Standards & Manuals Committee – Feb. 5

By JCrane | 2025/01/24

The WVDOH Standards & Manuals Committee’s next meeting will be held in person on February 5, 2025, at 9:00a.m. in Room 820 in Building 5…

WofA Executive Committee Meeting

By JCrane | 2025/01/11

WofA WV Branch Executive Committee Members held a “Christmas Drive” at their Christmas Luncheon. We collected diapers, wipes and baby food to support the Haven Maternity Home in Moundsville, WV. They are currently remodeling and working to open so they can house up to 3 pregnant mothers with toddlers and their newborns. These are women

WofA Spotlight – Deanna Stull

By JCrane | 2025/01/11

Deanna, or Dee to her friends, has been a member of Mountaineer Contractor’s team for over 8 years. During her time, Dee has been primarily responsible for the day to day traffic control operations of their various paving projects. Dee did not come into the construction industry through traditional means. In her past life, while working as a bartender and cook, she had a regular customer that worked construction. While discussing a career that provided the benefits and retirement she was looking for, he recommended Dee join her local Labor Union.
“And the rest is history as they say. There is no time like the present to try a new career path in the construction industry. Whether you are attending college, vocational school or looking for a change in your current career, there is plenty of room for growth and opportunity in construction,” Dee said.