Virginia has a surplus of funds available

The state of Virginia has an additional $730 million over the December 2020 forecast.

The surplus is from additional data on retail sales tax collections from the holiday shopping season.

Gov. Northam will meet with budget conferees later this week for further discussions on shared priorities.

The governor added that the additional dollars will helps the state provide Virginia families and businesses the relief they need to get back on their feet, support public schools and give public workers a pay raise.

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