Virginia collected $572 million more in tax revenues than it expected in the fiscal year that ended on June 30, marking the fifth consecutive year of surplus state budget revenues.
Gov. Glenn Youngkin, in the final six months of his term, touted the results as proof of his administration’s fiscal management under his hand, including $9 billion in one-time and continuing tax relief in the past three and a half years, as well as $125 billion in new and promised capital investment.
Read the full story in the Richmond Times-Dispatch.
