Tag: virginia state revenues

State revenues up 15.7 percent in October

Gov. Bob McDonnell announced today that total general fund revenue collections rose by 15.7 percent in October, primarily due to growth in individual withholding, nonwithholding and corporate income tax payments.


State revenues up in April

State-government revenues rose 10.6 percent in April over the same month a year ago. On a year-to-date basis, total revenue collections have risen 5.9 percent, ahead of the revised annual forecast of 4.6 percent growth


State revenues up 7.6 percent in March

Gov. Bob McDonnell announced today that March general fund revenue collections rose 7.6 percent. The year-over-year increase was driven in large part by growth in sales and corporate income tax receipts. March is typically not a significant month for revenue collections. On a year-to-date basis, total revenue collections have risen 5.3 percent, ahead of the […]


State revenues continue upward climb

February revenue collections by the Commonwealth increased by 16.7 percent over the prior year. This is the 11th month out of the last 12 in which state revenue collections exceeded the previous year’s amount. It is the fourth month in a row in which year-over-year revenue growth was greater than 9 percent. The revenue increase […]


Growth: State revenues up 9.5 percent in December

State revenue collections increased by 9.5 percent in December over the prior year when adjusted for the December 2009 one-time tax amnesty program. This is the ninth month out of the last 10 in which state revenue collections exceeded the previous year’s amount. It is the second month in a row in which year over […]


McDonnell: State revenues continue upward climb

Gov. Bob McDonnell announced today that September revenue collections for the state government increased by 4.1 percent over the prior year. This is the sixth month out of the last seven in which state revenue collections exceeded the previous year’s amount. The revenue increase was primarily driven by withholding (+6.8 percent), corporate income (+13.8 percent) […]


State revenues climb in March

Edited by Chris Graham freepress2@ntelos.net   Gov. Bob McDonnell announced today that Virginia general-fund revenue collections increased by 3 percent in the month of March.   AFPBusiness.com has the story.