Seal of Virginia 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 20,742,870,000
    1993 20,858,330,000
    1994 22,416,100,000
    1995 23,643,090,000
    1996 23,514,150,000
    1997 24,124,080,000
    1998 25,114,370,000
    1999 26,966,740,000
    2000 27,965,400,000
    2001 29,651,720,000
    2002 31,223,810,000
    2003 30,733,210,000
    2004 30,803,490,000
    2005 32,964,850,000
    2006 33,230,590,000
    2007 35,736,520,000
    2008 34,785,520,000
    2009 36,532,100,000
    2010 37,421,810,000
    2011 37,533,240,000
    2012 38,601,590,000
    2013 40,172,010,000
    2014 39,555,050,000
    2015 40,707,000,000
    2016 42,392,070,000
    2017 42,393,420,000
    2018 43,171,420,000
    2019 44,254,160,000
    2020 49,322,000,000
*All spending figures are in inflation-adjusted 2020 dollars.