Mark Sickles
Coverage of Mark Sickles in the Nexus archive.
- Virginia revenue forecast jumps by $1.5 billion as budget talks continue
Virginia’s revenue forecast increased by $1.5 billion over three fiscal years, providing lawmakers more flexibility as budget negotiations remain stalled over disagreements on data center tax incentives and spending priorities. The updated projections show higher-than-expected General Fund revenues for 2026–2028, with lawmakers set to reconvene in June to finalize a budget before the June 30 fiscal deadline.
- Virginia revenues surge despite job losses amid budget standoff
Virginia's state revenues have exceeded forecasts by over $850 million despite losing 41,900 jobs since the start of fiscal year 2026. A budget standoff between the Democratic-controlled Senate and House of Delegates centers on a dispute over rolling back a sales and use tax exemption for data centers.