RICHMOND -- Gov. L. Douglas Wilder told the Virginia General Assembly Friday he foresees no need for further budget cuts or the 6% cuts previously planned for state agencies.

In a 20-minute address to members of the General Assembly's money panels -- the Senate Finance, House Appropriations, and House Finance committees -- Gov. Wilder said his administration is now forecasting 3.1% revenue growth for the 1992 fiscal year, which began July 1.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.