News

December 2017 General Fund Revenue Collections Up 10.0% From The Previous Year And Fiscal-Year-To-Date Collections Up 5.9%
Governor Terry McAuliffe today announced that December General Fund revenue increased 10.0 percent from the previous year. The gain was driven by collections of nonwithholding payments.
Governor McAuliffe Announces New Virginia Management Fellows
Governor Terry McAuliffe today announced the inaugural cohort of the Virginia Management Fellows program. The program is an initiative of the Commonwealth of Virginia developed with Virginia Tech to meet the state’s needs for future leaders.
Governor Terry McAuliffe Announces $12.65 Million for Virginia’s CCAM Apprentice Academy
Governor Terry McAuliffe, along with Virginia’s Secretary of Finance Richard “Ric” Brown, today announced that $3.15 million has been awarded by the U.S. Department of Commerce’s Economic Development Administration (EDA) for the construction of the
Governor Terry McAuliffe Unveils Biennial Budget for FY 2019-2020 to the Joint Money Committees
Governor McAuliffe unveiled his biennial budget for FY 2019-2020 to the Joint General Assembly Money Committees this morning.
October 2017 General Fund Revenue Collections Up 7.7% From The Previous Year And Fiscal-Year-To-Date Collections Up 4.9%
Governor McAuliffe announced today that October general fund revenues rose 7.7 percent in October, driven mainly by payroll withholding, sales, and corporate income taxes. On a fiscal year-to-date basis, total revenue collections rose 4.9 percent,
September 2017 General Fund Revenue Collections Were Up 5.5% from the Previous Year and Fiscal-Year-to-Date Collections Up 4.1%
Governor McAuliffe announced today that September General Fund revenue increased 5.5% from the previous year – largely due to payroll withholding taxes, sales taxes, and corporate income taxes.
Governor McAuliffe Announces Launch of New Virginia Management Fellows Program
Governor Terry McAuliffe today announced the application launch for the first Virginia Management Fellows class. The program is an initiative of the Commonwealth of Virginia developed with Virginia Tech to meet the state’s needs for future leaders.
August 2017 General Fund Revenue Collections Up 1.1% From The Previous Year
Governor McAuliffe announced today that August general fund revenue increased 1.1 percent from the previous year. On a fiscal year-to-date basis, total revenue collections rose 3.0 percent above the annual forecast of 2.7 percent growth.
Governor McAuliffe Announces Start of Statewide Tax Amnesty
Governor Terry McAuliffe today announced the start of the 2017 Virginia Tax Amnesty Program which provides delinquent individual and business taxpayers the opportunity to pay back taxes with no penalties and half the interest between September 13
Governor McAuliffe Announces Administration Appointments
The appointees will join McAuliffe’s Administration focused on finding common ground with members of both parties on issues that will build a new Virginia economy and create more jobs across the Commonwealth.
May 2017 General Fund Revenue Collections Up 4.6% From the Previous Year and Fiscal-Year-To-Date Collections Up 3.7%
Governor Terry McAuliffe today announced that May General Fund revenue collections increased 4.6 percent from a year ago. On a fiscal year-to-date basis, total revenue collections rose 3.7 percent, ahead of the annual forecast of 2.9 percent growth.
Governor McAuliffe Announces April 2017 General Fund Revenue Collections down 3.4%; Fiscal-Year-To-Date Collections Up 3.6%
This result was influenced by one less deposit day for payroll withholding tax collections and the timing of estimated and final personal income tax payments. On a fiscal year-to-date basis, total revenue collections rose 3.6 percent, ahead of the
Governor McAuliffe Announces March 2017 General Fund Revenue Collections Up 5.7% From the Previous Year and Fiscal-Year-To-Date Collections are Up 4.6%
Governor McAuliffe announced today that general fund revenue collections for March increased 5.7 percent as payroll withholding increased 6.8 percent for the month and sales tax collections rose 2.8 percent.
Governor McAuliffe Announces Administration Appointments
The appointees will join McAuliffe’s Administration focused on finding common ground with members of both parties on issues that will build a new Virginia economy and create more jobs across the Commonwealth.
Governor McAuliffe’s Letter to General Assembly Budget Conferees
Today Governor Terry McAuliffe sent the following letter to the General Assembly Budget conferees outlining his position with respect to ongoing negotiations on the state budget:
Governor McAuliffe Announces January 2017 General Fund Revenue Collections Up 7.4% From The Previous Year And Fiscal-Year-To-Date Collections Up 4.6%
On a fiscal year-to-date basis, total revenue collections rose 4.6 percent through January, ahead of the revised annual forecast of 2.9 percent growth.
Governor McAuliffe Announces December 2016 General Revenue Collections Down 1.0 Percent from the Previous Year; Fiscal-Year-To-Date Collections Up 4.0 Percent
Governor McAuliffe announced today that December General Fund revenue fell 1.0 percent from December 2015 collections. The drop was largely due to one less payroll deposit day for payroll withholding. On a fiscal year-to-date basis, total revenue
Governor McAuliffe Announces Legislation to Strengthen Virginia’s Economic Development Partnership
Governor Terry McAuliffe today announced that he will introduce legislation in the upcoming 2017 General Assembly session to strengthen oversight, accountability and management at the Virginia Economic Development Partnership (VEDP).
Governor McAuliffe Announces November 2016 General Fund Revenue Collections Up 13.4 Percent and Fiscal-Year-To-Date Collections Up 5.4 Percent
Governor McAuliffe announced today that November General Fund revenue rose 13.4 percent in November, compared to the previous year. On a fiscal year-to-date basis, total revenue collections rose 5.4 percent, ahead of the annual forecast of a 1.7
Governor McAuliffe Announces October 2016 General Fund Revenue Collections Up 3.4% From The Previous Year And Fiscal-Year-To-Date Collections Up 3.5%
Governor McAuliffe announced today that General Fund revenue collections rose 3.4 percent in October, driven mainly by payroll withholding taxes. Although October is not a significant month for revenue collections, regular collections from

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