Monday, September 26, 2016
NEWPORT NEWS, Va. – With the candidates and voters poised for the first presidential debate tonight, Democrat Hillary Clinton leads Republican Donald Trump in Virginia, according to a new survey of likely voters by the Wason Center for Public Policy at Christopher Newport University. But Libertarian nominee Gary Johnson is winning support, especially among Millennial voters.
In a head-to-head contest, voters prefer Clinton, 48-38 percent. But among all five candidates who will be on the Nov. 8 ballot, the tally is Clinton 39, Trump 33 and Johnson 15. Green Party nominee Jill Stein and independent Evan McMullin each take 3 percent. The margin of error is +
RICHMOND – Governor Bob McDonnell announced today that December 2013 revenue collections increased by 0.8 percent from December of 2012. On a year-to-date basis, total revenue collections rose 0.7 percent through December, lagging the annual forecast of 1.7 percent growth. Adjusting for the accelerated sales tax program and the 0.125 percent sales tax transfer required by last session’s historic transportation bill, total revenues grew 1.7 percent through December, trailing the adjusted forecast of 2.9 percent growth.
The increase in December revenue was driven by solid growth in collections of individual withholding and nonwitholding partially offset by an increase in refunds and declines in sales, corporate income tax, and recordation taxes. Individual withholding rose 3.1 percent. Year-to-date collections of individual nonwithholding through the first half of the fiscal year rose by 12.4 percent, well ahead of the annual estimate of a 6.3 percent increase. At the same time, sales and use taxes, reflecting sales made in November, fell 4.3 percent in December.
Because a number of factors can influence the flow of payments and monthly growth rates this time of year, December and January receipts must be considered together to get a clear picture of revenue growth.
Speaking about the December numbers, Governor McDonnell noted, “Over the last four years we have both projected revenue growth and budgeted conservatively. In doing so, we have helped put Virginia in a more sound financial position for the future. Virginia’s economy continues to improve. Over the last four years we have worked in a bipartisan fashion to put in place policies that strengthen that give our private sector job-creators the tools they need to create jobs and opportunities for all Virginians. This approach has worked. Since the beginning of this Administration 177,300 net new jobs have been created. And, our unemployment rate has fallen two full percentage points, from 7.4% to 5.4%. I want to commend the great work of Virginia’s first chief jobs creation officer, Lieutenant Governor Bill Bolling, and the members of the General Assembly for putting in place pro-growth policies that have helped the Commonwealth emerge as an economic leader during tough fiscal times.”
Posted By Valerie Garner
Categories: Finance, Politics, State Politics
Tags: budget, governor, McDonnell