Superintendent's Memo 050-20b - Virginia

The projected sales tax entitlement contained in the Excel template reflects the revised estimates for these two sales tax sources combined as a single revenue line item. The Department of Taxation’s latest estimate of the one percent and one-eighth percent sales tax revenue is $1,540,200,000 for FY 2021 and $1,566,200,000 for FY 2022. ................
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