Youngkin outlines final budget as leadership shifts in Richmond

(The Center Square) – Gov. Glenn Youngkin on Wednesday presented his final proposed state budget to Virginia lawmakers, pointing to strong revenue growth, saying the commonwealth has room to fund core services while continuing tax relief for Virginians.

Youngkin delivered the proposal during a joint meeting of the House and Senate budget committees, marking the last full biennial budget he will introduce before leaving office next month. Democrats control both chambers of the General Assembly, and Gov.-elect Abigail Spanberger will ultimately sign the budget lawmakers adopt.

The proposed budget includes $730 million in tax relief and does not rely on new or increased taxes, according to administration officials. General fund revenues are running well ahead of expectations, with collections about $484 million above forecast through the first five months of fiscal year 2026.

Youngkin warned lawmakers against shifting Virginia’s fiscal approach as control of state government changes next y...