Virginia's Public Radio

Lawmakers Learn More Bad News about VA Budget Situation

Your browser doesn’t support HTML5 audio

Sarah L. Voisin/The Washington Post

State lawmakers learned yesterday that if state revenue collections do not quickly improve, Virginia could close out the fiscal year with hundreds of millions of dollars less than expected. May revenues were down 23 percent—or by nearly 300-million dollars in daily deposits from a year ago—and appear poised to dip below the official forecast by June 30th. Kelsea Pieters has more: 

  • Facebook
  • Twitter
  • LinkedIn
  • Email