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Library of Virginia

Archive-It Partner Since: Sep, 2005

Organization Type: State Archives & Libraries

Organization URL: http://www.lva.virginia.gov/   

Description:

The Library of Virginia serves as the Commonwealth's archival agency, the reference library at the seat of government, and as one of the nation's premier research institutions for Virginia history, politics and culture. The library holdings attract researchers from across the country and worldwide to their Richmond location and to their digital resources available on the web.

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Title: Governor McDonnell Announces Commonwealth Posts $129.2 Million Revenue Surplus for Fiscal Year 2012 - YouTube

URL: http://www.youtube.com/watch?v=eTMvDkFuh4E

Collection: Governor Robert F. McDonnell Administration Web Archive, 2010-2014

Description: For the third straight year, the Commonwealth of Virginia has reached the end of the fiscal year with a revenue surplus. Governor Bob McDonnell announced today that the state concluded Fiscal Year (FY) 2012 with an approximately $129.2 million surplus from general fund revenue collections and transfers. Total revenue collections rose by 5.4 percent in FY 2012, ahead of the revised revenue forecast 4.5 percent growth. This marks the second straight year that revenue growth has exceeded 5 percent in Virginia. The main drivers of the revenue increase were growth in individual income tax receipts from payroll withholding, lower individual income tax refunds and higher than expected sales and corporate income tax collections.

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