West Virginia

West Virginia

Budget Cycle

Governor Submits Budget
January (2nd Wednesday)

Fiscal Year Begins
July 1
Governor Signs Budget 
5 days after legislative passage

Budget Links

FY2023 (enacted)
FY2023 (proposed)
FY2022 (enacted)
FY2021 (enacted)
FY2020 (enacted)
FY2019 (enacted)
FY2018 (enacted)

Proposed Budget - Fiscal Year 2023

On January 12, West Virginia Governor Jim Justice released his recommended budget for fiscal 2023 that totals $35.1 billion in spending from all funds, an increase of 2.16 percent over the fiscal 2022 budget. Spending from general revenue funds is recommended at $4.65 billion, an increase of $65.6 million, or 1.43 percent, over fiscal 2022. The official general revenue fund estimate for fiscal 2023 is $4.65 billion, an increase of 1.43 percent over the $4.58 billion estimated for fiscal 2022. For the sixth consecutive year, the governor recommends no rainy day funds be used to balance the budget. On December 31, 2021, the balance in the Rainy Day Fund was $464.3 million (10.3 percent of fiscal 2022 appropriations) and the balance in the Rainy Day Fund - Part B was $561.5 million (12.4 percent of fiscal 2022 appropriations). From the general revenue fund recommended appropriations of $4.65 billion in fiscal 2023, the largest categories of spending are public education (43.8 percent), health and human resources (25.5 percent), homeland security (9.9 percent), higher education (9.7 percent), and judicial (3.2 percent).

Proposed Budget Highlights 

The governor opted for a conservative, cautious revenue projection for fiscal 2023, necessitated by the pandemic and its ongoing unpredictability, and called for development of an essentially flat budget. The proposed budget meets this goal with a few targeted investments.


Investing in Employees
  • The budget provides $107.6 million in general revenue for an average 5 percent salary increase for state employees, including teachers and service personnel.
  • The proposed budget funds 100 percent of required retirement contributions.
  • The Public Employees Insurance Agency (PEIA) is fully funded with no programmatic changes or employee premium increases.

Budgetary Adjustments
  • $40.9 million for a new inmate medical care contract in regional jails and prisons.
  • $7 million restored to the base budget for the Department of Tourism.
  • $6.25 million to Jobs & Hope, the state’s comprehensive response to the substance use disorder crisis, for transition agents and equipment purchases.
  • $1.5 million enhancement for County Health Departments.
  • $1 million in continued support to the state’s largest food banks.
  • A decrease of $154.8 million for medical services.
  • $30.4 million to multiple institutions of higher education as a restoration of a one-time cut in fiscal 2022.