Virginia liquor sales are continuing to decline, but somehow the Alcoholic Beverage Control Authority is still turning a profit for the state budget.
ABC leaders expect to return almost $231 million in profit to the state general fund budget by the end of the fiscal year on June 30, but the authority has lowered its net revenue estimate by more than $15 million below the forecast used for this year’s budget, driven by a projected $20 million drop in store sales.
Read the full story in the Richmond Times-Dispatch.



