Virginia’s April revenue collections exceeded forecasts by nearly 20%. According to Gov. Glenn Youngkin’s office general fund revenues were approximately $1.9 billion higher year-to-date than the mid-session revised forecast issued in January. Total revenue collections have risen 19% through April, well ahead of the revised annual forecast of 9.2% growth. Continued strength in payroll withholding. retail sales tax and strong growth in individual final payments drove the gains.

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