- Associated Press - Tuesday, January 13, 2015

RICHMOND, Va. (AP) - December general fund revenues brightened considerably for Virginia.

Gov. Terry McAuliffe’s office announced Monday that revenues increased 13.1 percent last month from the previous year. The growth was primarily in payroll withholding and an extra deposit day, among other factors.

On a fiscal year-to-date basis, total revenue collections rose 6.8 percent. That’s better than the revised annual forecast.

McAuliffe called the December numbers a strong showing. He said it signals gradual improvement to the state’s economy.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide