The office also projected that the number of technology businesses in Virginia would grow to 5,300 by 2002, up from 3,400 now.
The increase acknowledges that more money is available than the governor's office projected when he made his original proposal last month.
The Mayor's office, however, had projected an increase of 1.62 percent and based its budget assumptions for the coming fiscal year on it.
Nor are they expected to rebound quickly, though the treasurer's office is projecting some increase in each for the next fiscal year.
The governor's office has projected a $6 billion shortfall; last year's budget was $23 billion.
The office also projected a $9 billion surplus next year, and a $67 billion surplus by 2002.
Yet the Congressional Budget Office recently projected the deficit for that year at $169 billion.
Before the plan was announced, the Congressional Budget Office projected about nine million new jobs over the next four years.
The Congressional Budget Office projected that the legislation would save $68 billion between 2014 and 2020.
The Congressional Budget Office projects an additional $15 trillion in debt over the next 10 years.