Virginia is closing its books in the black for the third consecutive year, raking in $129 million more than the state projected for the fiscal year that ended June 30, Gov. Bob McDonnell announced Monday.
Revenue collections grew by 5.4 percent last year, ahead of a forecast 4.5 percent, returning them to a level not seen since fiscal 2008.
“I think it’s in large measure a reflection of the priorities that we’ve set the last couple years, focusing heavily on economic development, on job creation, on incentives, on foreign-trade missions, on a number of things that have helped to create more economic activity in the commonwealth,”Mr. McDonnell said Monday.
1 comment:
Hey Omalley wake up and follow VA. lead.
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