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Virginia General Fund revenues up substantially in February: But yes, there's a catch


Virginia General Fund revenues up substantially in February: But yes, there’s a catch
Published Thursday, Mar. 11, 2021, 3:36 pm
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Front Page » Government/Politics » Politics2 » Virginia General Fund revenues up substantially in February: But yes, there’s a catch
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Virginia General Fund revenues rose 28.5 percent in February, but it was because the delayed start of the tax filing season this year resulted in fewer refunds being issued compared with last year’s on time opening. ....

United States , Aubrey Layne , Ralph Northam , Department Of Taxation , Virginia General Fund , General Fund , Finance Aubrey , ஒன்றுபட்டது மாநிலங்களில் , ஆப்ரி லேனே , ரால்ப் நார்தாம் , துறை ஆஃப் வரிவிதிப்பு , வர்ஜீனியா ஜநரல் நிதி , ஜநரல் நிதி , நிதி ஆப்ரி ,

Virginia Issues January 2021 Revenue Report


Virginia Issues January 2021 Revenue Report
Posted by Terry | Feb 12, 2021 | News | |
RICHMOND Governor Ralph Northam today announced that January General Fund revenues fell 2.4 percent from the previous year.
“As we work to put this pandemic behind us, we must stay focused on positioning our Commonwealth for broad-based and inclusive growth,” said Governor Northam. “Our revenue picture remains stable, and I am confident that we can strengthen our cash reserves, provide Virginia families and businesses with the relief they need to get back on their feet, and meet our budget priorities, which includes giving our teachers a pay raise.”
Collections of payroll withholding taxes fell 12.6 percent for the month, which was expected due to one less deposit day in January relative to a year-ago. Collections of sales and use taxes, reflecting December sales, rose 5.6 percent in January. The combined December and January receipts, representing the bulk of the h ....

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