Virginia state revenue rises 7.4 percent in January

Monday, February 13, 2017

Governor Terry McAuliffe announced today that January General Fund revenues rose 7.4 percent from the previous January. On a fiscal year-to-date basis, total revenue collections rose 4.6 percent through January, ahead of the revised annual forecast of 2.9 percent growth. “Although we are slightly ahead of the forecast in payroll withholding collections, about 43 percent […]

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Warner opposes Mulvaney for OMB – Kaine opposes Pruitt to EPA

Thursday, February 2, 2017

U.S. Sen. Mark R. Warner (D-VA), a member of the Senate Budget and Finance Committees, will oppose confirming Rep. Mick Mulvaney as Director of the Office of Management and Budget (OMB). “While I respect Congressman Mulvaney’s service in the House of Representatives and appreciate his responses before the Budget Committee, I simply cannot vote to […]

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Sen. Warner questions President’s nominee for Office of Management and Budget on Federal employee hiring and wage freeze

Tuesday, January 24, 2017

Sen. Warner questions President's nominee for Office of Management and Budget on Federal employee hiring and wage freeze

WASHINGTON – At a Senate Budget Committee hearing today for President Trump’s nomination of Rep. Mick Mulvaney (R-SC) to be the Director of the Office of Management and Budget (OMB), Sen. Mark Warner (D-VA) pressed the nominee on the Trump Administration’s federal hiring freeze announced Monday. Sen. Warner pressed Mulvaney on the Administration’s plans to […]

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Check your mailbox to find if your real estate assessment changes for fiscal year 2018

Wednesday, January 4, 2017

Check your mailbox to find if your real estate assessment changes for fiscal year 2018

Today or no later than the end of the week, as the USPS mail goes, Roanoke City citizens will receive their new residential real estate assessment. That is if it changed at all. If you don’t receive one your assessment is the same as last year whether you liked it or not. Owners of residential […]

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With improving revenue Gov. McAuliffe will protect priority programs

Friday, December 16, 2016

In October, Governor Terry McAuliffe announced across-the-board budget reductions for state agencies totaling $55 million in fiscal year 2017. I also announced $237 million of additional strategies, and a proposed transfer from the revenue stabilization fund to bring the current budget for fiscal year 2017 into balance. The bottom line is that in order to […]

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Congress’s Marketplace Fairness delay hurting Virginia’s economy

Friday, December 16, 2016

Congress's Marketplace Fairness delay hurting Virginia's economy

Governor Terry McAuliffe in addressing the Commonwealth’s budge shortfall is recommending certain policy adjustments that will add $35.7 million in general fund revenues for 2017 and $102.9 million in general fund revenues in 2018.  Examples of these adjustments include the following: First, he is proposing a tax amnesty program. “Since 1990, three amnesty programs have […]

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Financial challenges for Virginia hospitals – What’s next in federal health care policy?

Thursday, December 8, 2016

Financial challenges for Virginia hospitals - What's next in federal health care policy?

RICHMOND, VA – Newly released figures from Virginia Health Information (VHI), the agency that gathers and reports health care data in the Commonwealth, yet again confirm the fact that many local hospitals across the state continue to struggle financially. The numbers show that 27 percent of Virginia’s acute care, critical access, and children’s hospitals, and […]

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Virginia State revenue behind forecast going into June

Monday, June 13, 2016

May revenue collections for the Commonwealth increased 6.4 percent from a year ago. On a fiscal year-to-date basis, total revenue collections rose 1.9 percent but is behind the annual forecast of 3.2 percent growth. Governor McAuliffe stated “Although collections were positive for the month, payroll withholding and sales tax collections continue to underperform estimates, underscoring […]

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Gov. McAuliffe uses line-Item veto in budget that prevents his use of funds to expand healthcare

Friday, May 20, 2016

Gov. McAuliffe uses line-Item veto in budget that prevents his use of funds to expand healthcare

Governor Terry McAuliffe completed his actions on legislation from the 2016 legislative session by signing House Bill 30, the biennial budget bill. The Governor used the line-item veto as was expected but added to placate the Republican base. It would have removed the provision preventing him from expending or appropriating funds to implement expanded coverage under […]

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Not all is lost for the Roanoke Community Garden Association at budget adoption

Monday, May 9, 2016

Not all is lost for the Roanoke Community Garden Association at budget adoption

Word certainly got around this past week about the defunding of Roanoke Community Garden Association at the May 2 morning council briefing. RCGA had been approved for a $10,000 grant but was stripped of it in a motion and resolution by councilman Bill Bestpitch. The vote was 5-2. Emails and phone calls followed. The public […]

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Unprecedented resolution at council briefing cuts community garden funding

Monday, May 9, 2016

Unprecedented resolution at council briefing cuts community garden funding

All was going well with this year’s 2017 fiscal year budget. The tax increases on real estate and meals has put millions of new dollars in the city’s coffers. There was plenty of money for services, added personnel, raises for employees and funding for outside agencies. The public hearing had no one complain about the […]

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Virginia fiscal year-to-date revenue collections rose 2.7 percent, slightly behind the annual forecast

Wednesday, April 13, 2016

RICHMOND – Governor McAuliffe announced today that general fund revenue increased 7.5 percent in March as payroll withholding and sales tax collections increased.  On a fiscal year-to-date basis, total revenue collections rose 2.7 percent, behind the annual forecast of the 3.2 percent growth. “As we enter the fourth quarter of the fiscal year, we believe […]

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