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Governor McAuliffe’s Statement on the Budget Impasse

11 Apr 2014
Over the past two months, I have traveled across the Commonwealth and met with hardworking Virginians who are caught in the health care coverage gap.

General Fund Revenue Collections Increased 7.8% in March

10 Apr 2014
Governor 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. On a year-to-date basis, total revenue...More

Representatives from Across the Commonwealth Urge the General Assembly to Close the Coverage Gap

2 Apr 2014
The Senate Finance committee had a special hearing on Tuesday to listen to the input from citizens and groups around the Commonwealth on the budget that was put forward by Governor Terry McAuliffe. Listed below is a compilation of quotes from...More

Governor McAuliffe Signs Caboose Budget Bill

1 Apr 2014
Virginia Governor Terry McAuliffe released the following statement today after signing House Bill 5001, the Caboose Budget Bill, which funds state government through the remainder of this fiscal year:

Governor McAuliffe Statement on House Republican Rejection of Proposed Budget

24 Mar 2014
Governor Terry McAuliffe released the following statement today following a vote by the House Appropriations Committee to “pass by indefinitely” his introduced budget, which closes the health care coverage gap and invests in Virginia state...More

Governor McAuliffe Releases FY2015-16 Budget as Special Session Begins

24 Mar 2014
As the General Assembly begins its special session today, Governor Terry McAuliffe released a two-year budget for the legislature to consider and pass in order to conclude its work for the year. The Governor’s budget is based on the budget...More

Governor McAuliffe Announces Revenue Collections Declined 3.4% in February

13 Mar 2014
Governor 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...More

Governor McAuliffe Announces First AFID Award to Promote Economic Development, Increase Agricultural Exports

10 Mar 2014
Governor Terry McAuliffe today awarded his administration’s first economic development grant from the Governor’s Agriculture and Forestry Industries Development Fund (AFID) for a business expansion project that Montague Farms, Inc. has undertaken...More

Governor McAuliffe Statement on House and Senate Budget Proposals

16 Feb 2014
Governor Terry McAuliffe issued the following statement on the budget proposals released by the Virginia House of Delegates and the Senate of Virginia

Governor Announces Mid-Session Revenue Reduction of $140 Million Due to Weak January and Year-To-Date Revenue Collections; Offers Budget Actions to Cover Reduced Revenue Growth

12 Feb 2014
oday, Governor Terry McAuliffe briefed House and Senate budget committee leaders on the preliminary mid-session revenue reforecast numbers.

Governor McAuliffe Announces Proposed Budget Amendments

20 Jan 2014
Governor Terry McAuliffe announced his proposed amendments to the current budget and the upcoming biennial budget today at a press conference in Richmond. Those amendments include increased funding for Virginia schools, public safety and other core priorities, while increasing the unappropriated balance in the introduced budget from $50.9 million to $51.1 million.