State revenues climb 2.8% in August, remain ahead of forecast

By: Markus Schmidt

Outlets: Virginia Mercury

Published: September 14, 2026

Words: 724

Last Updated: 3 days, 21 hours ago

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Virginia’s general fund revenues rose by $58 million in August compared with the same month last year, keeping collections slightly ahead of the state’s forecast despite signs of weakness in Virginia’s labor market.

Collections increased 2.8% for the month and totaled nearly $4.61 billion during the first two months of fiscal 2027, according to the August revenue report released by Gov. Abigail Spanberger’s administration on Friday.

Through Aug. 31, revenues were …

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