Commonwealth Posts 4.1 Percent Revenue Growth in September
October 13, 2010
October 13, 2010
RICHMOND, Va., Oct. 13 -- Gov. Bob McDonnell, R-Va., issued the following news release:
Governor Bob McDonnell announced today that September revenue collections increased by 4.1% over the prior year. This is the sixth month out of the last seven in which state revenue collections exceeded the previous year's amount. The revenue increase was primarily driven by withholding (+6.8%), corporate income (+13.8%) and sales tax (+2.1%) collections. Adjusted for the accelerated sales tax . . .
Governor Bob McDonnell announced today that September revenue collections increased by 4.1% over the prior year. This is the sixth month out of the last seven in which state revenue collections exceeded the previous year's amount. The revenue increase was primarily driven by withholding (+6.8%), corporate income (+13.8%) and sales tax (+2.1%) collections. Adjusted for the accelerated sales tax . . .