Revenues in Virginia up by another $152 million

Governor McDonnell informed the legislature that revenues are expected to be $152 million higher than was initially believe just a couple of months ago (WaPo).

For the most part, McDonnell asked that the money be used prudently: $50M to the “rainy-day fund,” $38M to scale back the accelerated sales tax nonsense, and another $38M to get a head start on repaying the VRS loan.

About $19.2M was left without any recommendation – at least from theĀ Guv. If they asked me, there is the little matter about unfilled judges . . .

Cross-posted to BD

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One Response to Revenues in Virginia up by another $152 million

  1. Ken Reynolds says:

    Was all this before or after the ABC store proposal died? At least the Gov is trying to fix the transportation mess which is more than we can say about any of the govs for the last 20 yrs!!! And i hope he can still work something out without the ABC $

    yourother message about judges left something out???

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