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State Ends Fiscal Year $585 Million In The Black

Photo: Clipart.com, WINA

State Ends Fiscal Year $585 Million In The Black

The state finished the last fiscal year with a surplus. The governor’s announced the $585 million surplus to the joint money committees of the General Assembly. It is Virginia’s largest surplus since 2005. This latest surplus puts the cumulative surplus total during the four fiscal years of the McDonnell Administration at nearly $2 billion.