State Revenues Still a Concern for Lawmakers

revenueState revenues improved a little last month following a dismal drop of 6.1%  in March.  The news reassured members of the House Appropriations Committee, who worry that federal sequestration cuts could have a negative impact on both Virginia’s economy and the state’s coffers.  As Virginia Public Radio’s Anne Marie Morgan reports, the Commonwealth’s Secretary of Finance confirmed that they have good reason for concern.

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