surplus

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AP News
February 14, 2020 - 12:19 pm
RICHMOND, Va. (AP) — Virginia Gov. Ralph Northam is telling lawmakers that a stronger than expected economy means they will have an extra $180 million to spend when crafting a state budget. Northam said in a letter to lawmakers Friday that new revenue estimates for fiscal year 2020 shows an...
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(Matt Demlein, WRVA)
July 11, 2019 - 4:04 pm
Richmond, Va. (Newsradiowrva.com) - The Northam Administration has announced Virginia ended fiscal year 2019 with a $778 million surplus. The State Constitution, the budget, and state law already dictate where much of the money will go, including one-time payments to taxpayers (of either $110 or $...
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(Matt Demlein, WRVA)
July 12, 2018 - 3:33 pm
Richmond, VA (wrva.com) - Virginia ended the 2018 fiscal year on July 1st with a nearly $552 million surplus. The money came primarily from higher than expected payroll atx collections, a sign that both job and wage growth are growing. State Finance Secretary Aubrey Layne says much of the surplus...
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dreamstime
June 12, 2018 - 2:38 pm
By MARTIN CRUTSINGER , AP Economics Writer WASHINGTON (AP) — The federal government recorded a budget deficit of $146.8 billion in May, helping push the total deficit so far this year 23 percent above the same period a year ago. Last month's deficit followed a surplus of $214.3 billion in April, a...
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