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Second Richmond casino referendum is off ballots
Urban One, city officials vow to fight state amendment
The Virginia General Assembly’s two-year budget, which was passed by both houses Thursday and sent to the governor, includes a provision that would delay a second casino vote in Richmond,
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Northam proposes $150M for site readiness
Funding would be "transformative," says state economic development official
Published
When Mazda Toyota was looking to build a plant that would have brought 4,000 jobs and 1.6 billion in investment, Virginia was ruled out. Why? Because Virginia didn’t have a competitive
Northam proposes $2.1B in tax cuts for ‘working people’
Exiting governor calls for eliminating grocery levy, providing income tax rebate
Published
Virginia Gov. Ralph Northam, who leaves office next month, proposed four tax cuts Tuesday, including eliminating Virginia’s 1.5% sales tax on groceries and providing an income tax cut for low-
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Virginia finishes FY21 with record $2.6B surplus
Revenue collections surged 26.4% between April and June
Published
Virginia reached the end of fiscal year 2021 with a $2.6 billion surplus, the largest in the commonwealth’s history, according to a statement released by Virginia Gov. Ralph Northam on
Northam proposes $240M for pandemic response
Governor's proposed budget amendments includes funding for jobs training, education, housing
Published
As COVID-19 cases continue to rise and frontline medical workers receive the first vaccine doses, Gov. Ralph Northam called on the General Assembly to allocate $240 million toward pandemic response
Sept. Va. General Fund revenue increases 7.6%
Increase driven by payroll withholding, corporate, recordation tax collection growth
Published
Virginia’s General Fund revenue for September increased 7.6% compared to September 2019, Gov. Ralph Northam announced Wednesday. The increase was driven by growth in payroll withholding and corporate and recordation
General Assembly special session set for Aug. 18
Lawmakers will amend budget, discuss police initiatives
Published
Gov. Ralph Northam set the General Assembly’s special session for Aug. 18 in a proclamation Friday. Lawmakers will adopt the biennial budget based on the revised revenue forecast, and they
State deficit stands at $236.5M, down from $1B spring forecast
Revenues increased by 2% over 2019, governor reports
Published
The state’s fiscal year 2020 deficit, predicted at one point to reach as much as $1 billion, stands at $236.5 million, Gov. Ralph Northam announced Thursday. Also, the state’s revenues