Governor's Office Announces $585 Million Surplus

Richmond, VA - Virginia is $585 million in the green as heading into the next fiscal year, according to Governor McDonnell's office.

McDonnell had already announced a revenue surplus for fiscal year 2013 of about $264 million.

When combined to state savings of $320 million, you get the overall surplus.

Governor McDonnell says it's Virginia's largest surplus since 2005.

McDonnell's administration has ended every fiscal year with a surplus.