Virginia's April Revenues up More Than 10 Percent from 2014 - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Virginia's April Revenues up More Than 10 Percent from 2014

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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.
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