Raises hang in the balance for state workers, school teachers and other public employees as Virginia collects and counts the last dollars coming into the treasury from the fiscal year that ended last week.
But while the size of an expected revenue shortfall will determine whether salaries increase Dec. 1, as scheduled, in the state budget that took effect Friday, Gov. Terry McAuliffe and the General Assembly plan to take a fresh look at revenue projections even if not required to do so by law.
“I don’t see a scenario where we’re not going to have to at least informally look at the (revenue) forecast,” Secretary of Finance Richard D. “Ric” Brown said last week.
