Our fiscal year is over, and I have great news: the budget passed by Virginia Republicans have been successful, and have led to a $553 million budget surplus!
Last year the General Assembly was faced with a projected $2.4 billion shortfall, but conservative amendments to our two-year budget have made our government more responsible with your tax dollars, leading to a phenomenal surplus. With our extra cash, we will grow our rainy day fund, allowing our state to have over $600 million in case of emergency. We can raise pay for teachers, college faculty, state police officers, deputies and state employees. The rest will be put into important government functions such as water quality improvement and transportation. All of this without even raising taxes!