Virginia Surplus Will Total $311M: AP

Tuesday, Jul 19, 2011  |  Updated 8:37 AM EDT
View Comments (
)
|
Email
|
Print
Virginia Surplus Will Total $311M: AP

Indichick7, Flickr.com

advertisement

Documents obtained by The Associated Press show that Virginia's government ended its last fiscal year on June 30 with an unspent balance of $311 million.

Gov. Bob McDonnell plans to detail how state government ended the year in the black at a Tuesday news conference.

A draft analysis of final revenues for fiscal 2011 shows the bulk of the surplus comes from individual income tax collections. They exceeded official budgeted forecasts by nearly $200 million.

Stay with NBCWashington.com and News4 for more information.

Get the latest headlines sent to your inbox!
View Comments (
)
|
Email
|
Print
Leave Comments
Join the Ride to Conquer Cancer
Join the Ride To Conquer Cancer, Sept. 13 Read more
Follow Us
Sign up to receive news and updates that matter to you.
Send Us Your Story Tips
Check Out