What We Do
The Secretary of Finance provides guidance to the four key agencies within the Finance Secretariat. These agencies handle all the financial transactions of the Commonwealth — from collecting taxes, to paying bills, to distributing aid to localities.
Their responsibilities include:
- forecasting and collecting revenues
- managing the Commonwealth’s cash and investments
- selling bonds
- overseeing internal audits
- making strategic financial plans
- preparing and executing the Commonwealth’s budget.
Recent News
Newsroom
Richmond
February 16, 2016
Governor McAuliffe Statement on Mid-Year Revenue Estimate
Governor Terry McAuliffe today informed the money committees of the Virginia General Assembly that he recommends retaining the revenue forecast presented in the biennial budget he introduced in December.
Richmond
February 11, 2016
January 2016 General Fund Revenue Collections Up 6.6 percent from the Previous Year and Fiscal-Year-To-Date Collections Up 2.4 percent
Governor McAuliffe announced today that January general fund revenues rose 6.6 percent from the previous year.
Richmond
December 17, 2015
Governor Terry McAuliffe Unveils Biennial Budget to the Joint Money Committees
The two-year spending plan I present to you today provides specific and meaningful building blocks for the new Virginia economy by investing in our future through education and research; creating 21st century jobs; fostering healthy, safe
Richmond
November 13, 2015
October 2015 General Fund Revenue Collections Down 5.1% From The Previous Year And Fiscal-Year-To-Date Collections Up 0.5%
Governor McAuliffe announced today that October General Fund revenue fell 5.1% from the previous year.
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