Agency Information

Department of Accounts (DOA)

DOA operates the state’s centralized automated accounting, payroll and fixed assets systems, and prepares the Commonwealth’s official financial statements. It ensures that all funds for state agencies and institutions are accounted for and spent according to state and federal laws and accepted accounting principles.
http://www.doa.virginia.gov

Department of Planning and Budget (DPB)

DPB develops and administers the state budget, which allocates money for state agencies and institutions. The agency also conducts policy analyses and evaluations of state programs and services and oversees the Commonwealth’s strategic planning and performance measurement efforts. In addition, the Department analyzes proposed state legislation, reviews regulations for need and clarity, and prepares economic impact statements on regulations.
http://www.dpb.virginia.gov

Department of Taxation

This agency collects taxes, deposits taxes with the state treasury, and administers the tax laws for individuals and corporations.
http://www.tax.virginia.gov

Department of the Treasury

The Department of the Treasury manages cash in the state treasury and makes payments based on authorizations from the Comptroller; it also issues and manages the state’s debt.
http://www.trs.virginia.gov

Unclaimed Property Division

The Unclaimed Property Division is responsible for returning money, stocks, bonds, dividends, utility deposits, insurance proceeds and tangible property to the rightful owners. 
http://www.trs.virginia.gov/UCP/

Recent News

Newsroom
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.
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