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Virginia General Fund Revenues Complete Fiscal Year 2024 $1.2 Billion Ahead of the Official Forecast

Summary by Hampton Roads Messenger
Tweet RICHMOND, VA – Governor Glenn Youngkin today announced that Virginia’s general fund revenues ended fiscal year 2024 $1.2 billion over the official revenue forecast. For the full fiscal year, overall general fund revenue collections grew 5.5 percent, well above the 1.3 percent increase assumed in the official forecast. The official forecast incorporated $525 million of excess revenues received through April, and $22 million of adjustments r…
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