Governor Bob McDonnell says Virginia state government ended its fiscal year in June with a nearly $450 million surplus.  That includes savings from state operations totaling $187 million as of June 30.  The administration had already announced a revenue surplus of $129 million. WFIR’s Evan Jones has more.

Click here to see the governor’s full news release.

Click here to view the governor’s entire presentation in Richmond. (His remarks begin about 2:15 in.)