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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Gov. McAuliffe vetoes coal bill citing cost’s ineffective performance

Friday, March 11, 2016

RICHMOND – Today Governor Terry McAuliffe vetoed Senate Bill 44, which would extend both the ability to claim and to allocate the coal employment and production incentive tax credits and the allowance of the coalfield employment enhancement tax credit without meaningful reform. In explaining his veto, the Governor cited the need to spend every taxpayer […]

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VHHA appreciates Gov. McAuliffe’s efforts to protect health care

Thursday, December 17, 2015

RICHMOND, VA – The Virginia Hospital & Healthcare Association (VHHA) today released the following statement in response to Governor Terence R. McAuliffe’s proposed budget for Fiscal Years 2017 and 2018. In his budget speech, the Governor broached the idea of a proposed assessment on Virginia’s acute care hospitals to fund the state’s costs associated with […]

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Gov. McAuliffe’s budget includes increased funding for education, raises for state employees

Thursday, December 17, 2015

Gov. McAuliffe's budget includes increased funding for education, raises for state employees

Despite federal sequestration Governor Terry McAuliffe Virginia faced a $2.4 billion dollar state budget shortfall. These cuts disrupted strategic planning and severely harm the state’s economy. “Now, the economic landscape has changed for the better, Congress is getting its act together, and we have a genuine opportunity to take the next step forward,” he said. He […]

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VHHA disputes Thomas Jefferson Institute for Public Policy study on hospital finances

Monday, November 9, 2015

RICHMOND, VA – The Virginia Hospital & Healthcare Association (VHHA) today issued the following statement in response to the Thomas Jefferson Institute for Public Policy’s release of a report on hospital finances. While the report is billed as a “new study,” it relies on 2013 data released last year. Rather than showing across-the-board hospitals profits, […]

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Virginia August revenue increases – McAuliffe warns of impact of government shutdown and sequestration

Monday, September 14, 2015

Virginia August revenue increases - McAuliffe warns of impact of government shutdown and sequestration

RICHMOND- Governor McAuliffe announced today that August General Fund revenue increased 5.1% from the previous year.  On a fiscal-year-to-date basis, total revenue collections fell 2.6 percent compared with the same period last year, behind the annual forecast of a 0.1 percent decline. The decline though he said is not significant as it was mainly due […]

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U.S. Senator Mark Warner on his Iran nuclear deal indecision, the budget deadline and Richmond standoff

Wednesday, August 19, 2015

U.S. Senator Mark Warner on his Iran nuclear deal indecision, the budget deadline and Richmond standoff

The Washington Post is keeping a running tally of who is a “yes” vote on Iran nuclear deal, who is leaning “yes”, who is a “no” vote or leaning “no” and the camp of Senate Democrats that are undecided. President Obama is counting on them. Democrat Sen. Mark Warner of Virginia is in the undecided […]

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Democratic U.S. Senators tell McConnell to start budget negotiations, avoid fiscal crisis

Tuesday, August 18, 2015

WASHINGTON – Virginia Democrats, U.S. Sens. Mark R. Warner and Tim Kaine urge Senate Majority Leader Mitch McConnell to schedule the first round of bipartisan budget negotiations immediately to prevent a predictable fiscal crisis as the federal budget year draws to a close on Sept. 30. The call was formally made in a letter to […]

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