Virginia’s Budget Surplus Grows as Revenues Beat Expectations Despite National Slowdown (Copy)

Virginia's budget surplus grows as revenues beat expectations

Virginia’s general fund revenues rose sharply in April, bucking signs of a national economic cooldown as the state continues to post steady long-time job growth and rake in more tax dollars than projected.

Virginia’s budget surplus grows as revenues beat expectations despite national slowdown (copy)

RICHMOND — Virginia’s general fund revenues rose sharply in April, bucking signs of a national economic cooldown as the state continues to post steady long-time job growth and rake in more tax dollars than projected.

Virginia’s budget surplus grows as revenues beat expectations despite national slowdown

Virginia’s general fund revenues rose sharply in April, bucking signs of a national economic cooldown as the state continues to post steady long-time job growth and rake in more tax dollars than projected. Gov. Glenn Youngkin announced Monday that general…

VA revenues up 6.3%

Governor Glenn Youngkin announced Monday that Virginia’s general fund revenues have increased by 6.3 percent, or $1.49 billion, compared to the same ten-month period in Fiscal Year 2024. For the month of April alone, revenues rose 8.8 percent, or $322.4 million, over the previous year. According to the Governor’s Office, total general fund revenues are currently ahead of forecast by 0.8 percent, or $211.1 million, with two months remaining in th…