Virginia state revenues up in March

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Ahead of the most important tax collection months of the year fo states, Virginia is seeing signs that people are earning and spending more.

Tax revenue was up 7.6 percent in March compared to last year, including increases in the sales and income taxes. Overall, revenue collections are exceeding expectations, with year-to-date increase of 5.3 percent compared to the forecasted 4.6 percent.

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