Dossier
surplus
Coverage of surplus in the Nexus archive.
- Spanberger announces surplus of $936 million in preliminary general fund revenues
Gov. Abigail Spanberger announced a $936 million surplus in preliminary general fund revenues for the end of the fiscal year. The surplus reflects higher-than-expected revenue collections.
- Lurie’s budget spares city jobs for now — but axe may still fall next year
Lurie’s budget avoided layoffs for city jobs in the current year due to a surprise surplus and hiring freeze, but a projected $1B deficit by 2029 could lead to future job cuts.