RICHMOND— (Press Release) Governor Northam announced today that September General Fund revenue increased 4.0 percent from the previous year—largely due to payroll withholding taxes, nonwithholding, and sales tax collections.
The Governor also stated that September completes the first quarter of fiscal year 2019 and is a significant month for revenue collections. Estimated payments from individuals, corporations, and insurance companies are all due in September, along with regular monthly collections in withholding, sales taxes, and other sources.