West Virginia
| West Virginia owns more than it owes. |
| West Virginia has a $5,400 Taxpayer Surplus.™ |
| West Virginia is a Sunshine State with enough assets to cover its debt. |
| Elected officials have created a Taxpayer Surplus™, which is each taxpayer's share of money available after state bills have been paid. |
| TIA's Taxpayer Surplus™ measurement incorporates both assets and liabilities, not just pension debt. |
| West Virginia has $14.7 billion of assets available to pay the state's bills totaling $11.9 billion. |
| West Virginia has $2.8 billion available after bills have been paid, which breaks down to $5,400 per taxpayer. |
| West Virginia's reported net position is overstated by $828.4 million, largely because the state delays recognizing losses incurred when the net pension liability increases. |
| The state's financial report was released 166 days after its fiscal year end, which is considered timely according to the 180 day standard. |
Prior Years' TIA Reports
2023 Financial State of West Virginia
2022 Financial State of West Virginia
2021 Financial State of West Virginia
2020 Financial State of West Virginia
2019 Financial State of West Virginia
2018 Financial State of West Virginia
2017 Financial State of West Virginia
2016 Financial State of West Virginia
2015 Financial State of West Virginia
2014 Financial State of West Virginia
2013 Financial State of West Virginia
2012 Financial State of West Virginia
2011 Financial State of West Virginia
Other Resources
West Virginia Annual Comprehensive Financial Reports
Publishing Entity: WV Department of Administration Finance Division
