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Virginia Announces General Fund Revenues Growth

Tweet RICHMOND, VA — Governor Abigail Spanberger today announced that May revenues were nearly unchanged compared to the previous May, declining 0.1 percent. On a fiscal year-to-date basis, through the first eleven months of Fiscal Year 2026, collections have grown 6.5 percent. Growth has been driven by strong individual income tax and strong sales tax receipts. Compared to the official forecast assumed in the amended budget, revenues are ahead …
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NRVNews broke the news on Monday, June 15, 2026.
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