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Tag: General Fund

revenues

Virginia government revenues up sharply in December

Governor McAuliffe announced today that December revenue collections for Virginia state government posted strong gains.


revenues

Virginia state revenues up 4.4 percent in October

Governor McAuliffe announced today that General Fund revenue increased 4.4% from the previous year with all major sources contributing to the increase.


revenues

Virginia September 2014 general fund revenue collections up 5.3% from 2013

Today, Governor McAuliffe announced that the September General Fund revenue increased 5.3% from the previous year with all major sources contributing to the increase. This is the first time revenues have increased for three consecutive months since April-June of 2013.


revenues

State revenues up 1.7 percent in August, 7.7 percent for 2014

Governor Terry McAuliffe announced today that August General Fund revenue increased 1.7% from the previous year. On a fiscal-year-to-date basis, total revenue collections rose 7.7% compared with the same period last year.


kirk cox

Kirk Cox: Responsible state budget without Medicaid expansion

Last night the General Assembly completed its work on the 2014-16 state budget that excludes Medicaid expansion. We addressed Governor McAuliffe’s 8 line-item budget vetoes, to include two that were ruled unconstitutional.


business

Biggest one-month decline in Virginia tax revenues in 13 years

Governor Terry McAuliffe announced today that general fund revenue collections decreased by 20.7 percent in May, with large declines in individual nonwithholding, the corporate income tax, and the tax on wills, suits, deeds, and contracts.


revenues

Virginia government revenues up 10% in April

Gov. Terry McAuliffe announced today that general fund revenue collections increased 10.0 percent in April, with solid gains in individual withholding and nonwithholding as well as in the insurance premiums tax.


revenues

Virginia general fund revenue collections up 7.8 percent in March

Gov. Terry McAuliffe announced today that general fund revenue collections increased 7.8 percent in March, with solid gains in individual nonwithholding, corporate income tax and the insurance premiums tax.


Lt. Gov. Ralph Northam leads national discussion on roads funding

The National Lieutenant Governors Association passed a bipartisan resolution, cosponsored by Lt. Gov. Phil Scott (R-Vt.) and Lt. Gov. Ralph Northam (D-Va.), calling on Congress to “develop a shared, long term vision for surface transportation.”


Gov. McAuliffe announces revenue decline

Gov. Terry McAuliffe today announced that state general fund revenue collections declined 3.4% in February. There was a solid gain in individual income tax withholding but that was offset by declines in retail sales, insurance premiums tax and recordation taxes.


kirk cox

Kirk Cox: Virginia needs a clean budget, special session on Medicaid

There are a lot of citizens depending on the state to pass a budget before the July 1 deadline. House Republican Leadership has called for a special session after we pass the budget to debate the issues of ObamaCare’s Medicaid expansion on its merits.


Gov. McAuliffe announces proposed state budget amendments

Gov. Terry McAuliffe announced his proposed amendments to the current budget and the upcoming biennial budget today at a press conference in Richmond.