A Revenue Reforecast is Not a Blank Check

6/2/2026 — Just as Governor Spanberger and the General Assembly appeared deadlocked over how to fund competing budget priorities, Virginia’s latest revenue reforecast requested by Governor Spanberger arrived with welcome news: roughly $1.5 billion in additional projected revenue through Fiscal Year 2028. The timing and the reforecasted increase in revenue are both remarkable. For weeks, budget negotiations have revolved […]