A service of Salisbury University and University of Maryland Eastern Shore
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Virginia Revenue Up

creative commons

RICHMOND, Va. (AP) - Gov. Terry McAuliffe says Virginia's state revenues in April increased by more than 10 percent from a year ago.

Figures released Wednesday by McAuliffe's office show payroll withholding tax collections increased by 3.5 percent in April. Sales and use tax collections rose by 5.9 percent.

Collections of individual nonwithholding and corporate income taxes also increased.

Total revenue collections are up 7.5 percent so far this fiscal year. A budget approved in the 2015 legislative session projected 4.7 percent growth.

McAuliffe says in a news release that collections were strong across nearly all major revenue sources in April.

Don Rush is the News Director and Senior Producer of News and Public Affairs at Delmarva Public Media. An award-winning journalist, Don reports major local issues of the day, from sea level rise, to urban development, to the changing demographics of Delmarva.