Pay day falls on Thursday for state employees â and itâs a big one.
Itâs also the first day of the stateâs new fiscal year and the General Assembly and Gov. Ralph Northam included money in the new budget for 5% raises to state employees. That includes faculty and staff at public colleges, universities and community colleges â as well as state-supported local employees, such as sheriffâs deputies.
And thatâs not all.
The budget includes money for the stateâs share of a 5% raise for teachers â subject to local school divisions paying their share â as well as raises for general registrars and an extra 3% for sworn officers of the Virginia State Police, who also will get extra pay for each year of service.
Buoyed by the biggest monthly increase in more than 50 years, Virginia expects a state revenue surplus of more than $1 billion for the fiscal year that ends June 30