Virginia

Virginia does not currently have a tax and expenditure limit.

The base year represents the year the hypothetical Taxpayer's Bill of Rights (TABOR) would have been enacted. Selecting a base year changes how the state’s TABOR is calculated because the annual growth rates of inflation and population change depending on when TABOR is enacted.

Year	Inflation-adjusted Actual Spending
1992	20,627,141,360
1993	20,803,154,920
1994	22,400,391,170
1995	23,819,910,200
1996	23,896,847,980
1997	24,696,027,840
1998	25,827,672,820
1999	28,039,796,170
2000	29,306,238,050
2001	31,297,323,960
2002	32,981,215,500
2003	32,471,565,440
2004	32,684,725,690
2005	35,021,017,750
2006	35,677,745,090
2007	38,306,107,600
2008	37,723,977,610
2009	39,400,523,370
2010	40,316,305,870
2011	40,810,406,220
2012	41,932,951,620
2013	43,847,028,860
2014	43,358,936,230
2015	44,540,071,420
2016	46,344,018,930
2017	46,409,712,420
2018	47,662,405,430
2019	49,119,413,220
2020	50,520,459,210
2021	50,226,663,540
2022	50,041,000,000

*All spending figures are in inflation-adjusted 2022 dollars.