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Old Dominion News

Monday, March 31, 2025

News from November 2024

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Q4 2023 Tax Revenue: Virginia collects $3.5 billion in sales and gross receipt tax

By Old Dominion News | Nov 30, 2024

Virginia collected $3.5 billion in tax and gross receipts, a 1.2% increase from the third quarter of 2023, according to the U.S. Census Bureau

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Virginia's license tax revenue up 1.3% in Q2 compared to previous quarter

By Old Dominion News | Nov 29, 2024

Virginia collected $315 million in license taxes, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Virginia's license tax revenue down 11.4% in Q1 compared to same quarter of the previous year

By Old Dominion News | Nov 27, 2024

Virginia collected $311 million in license taxes, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Virginia collects $315 million in license tax revenue in Q2

By Old Dominion News | Nov 26, 2024

Virginia collected $315 million in license taxes during the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Virginia's license tax revenue down 1% in Q1 compared to previous quarter

By Old Dominion News | Nov 26, 2024

Virginia collected $311 million in license taxes, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Virginia collects $311 million in license tax revenue in Q1

By Old Dominion News | Nov 22, 2024

Virginia collected $311 million in license taxes during the first quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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EDA funds 21 projects to support economic development in Virginia during 2023

By Old Dominion News | Nov 21, 2024

Virginia ranked third in the US after receiving 21 EDA grants to fund economic development projects in 2023.

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Virginia collects $44 million in property tax revenue in Q2

By Old Dominion News | Nov 21, 2024

Virginia collected $44 million in property taxes during the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Virginia sees inflation increase as of October 2024

By Old Dominion News | Nov 21, 2024

As of October 2024, Virginia experienced a 22.1% increase in prices of goods and services since January 2021, compared to the nationwide trend of a 20.7% increase.

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Virginia collects $2 million in property tax revenue in Q1

By Old Dominion News | Nov 20, 2024

Virginia collected $2 million in property taxes during the first quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Virginia's sales and gross receipts tax revenue up 81.4% in Q1 compared to previous quarter

By Old Dominion News | Nov 18, 2024

Virginia collected $3.4 billion in sales and gross receipts taxes, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Virginia's property tax revenues up 7.3% in Q2 compared to same quarter of the previous year

By Old Dominion News | Nov 17, 2024

Virginia collected $44 million in property tax revenues, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Virginia's combined tax revenues down 1.4% in Q2 compared to same quarter of the previous year

By Old Dominion News | Nov 16, 2024

Virginia collected $11.4 billion in combined tax revenues, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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VA provides 39.1% more home purchase loans in Virginia in Q3

By Old Dominion News | Nov 15, 2024

There were 5,224 VA home purchases in Virginia in the third quarter of the VA's fiscal year 2024, totaling $2.5 billion in loans, according to figures provided by the Veterans Affairs Home Loans Index.

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Virginia's sales and gross receipts tax revenue up 89.9% in Q1 compared to same quarter of the previous year

By Old Dominion News | Nov 15, 2024

Virginia collected $3.4 billion in sales and gross receipts taxes, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Virginia's property tax revenues unchanged in Q1 compared to same quarter of the previous year

By Old Dominion News | Nov 14, 2024

Virginia collected $2 million in property tax revenues, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

FOIA Request Sent to State Council of Higher Education for Virginia Regarding University Employees' Salaries on November 14, 2024

By Old Dominion News | Nov 14, 2024

A Freedom of Information Act (FOIA) request was sent to the State Council of Higher Education for Virginia on November 14, 2024.

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Virginia's combined tax revenues up 4% in Q1 compared to same quarter of the previous year

By Old Dominion News | Nov 13, 2024

Virginia collected $8.7 billion in combined tax revenues, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Number of VA loans issued in Virginia increased by 198.8% from Q3 2023 to Q3 2024

By Old Dominion News | Nov 12, 2024

The U.S. Department of Veterans Affairs (VA) issued 6,699 home loans in Virginia, totaling $3.1 billion, during the third quarter of the fiscal year 2024, according to figures provided by the Veterans Affairs Home Loans Index.

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FDA conducted second lowest number of inspections on device companies in Virginia during Q3

By Old Dominion News | Nov 11, 2024

The U.S. Food and Drug Administration (FDA) conducted two inspections at two device companies from Virginia in the third quarter of 2024.