Wednesday, October 19, 2016
Oct. 27 is first public meeting on downtown’s future.
Roanoke, VA – The City of Roanoke’s Department of Planning, Building, and Development is currently in the process of updating the Downtown Plan. Public meetings to gather input will be held on Oct. 27 and Nov. 28 at the City Market Building beginning at 6 p.m.
The department is looking for input and ideas from citizens to help update the vision for the downtown area for the next 20 years. The plan will seek to address the rise of downtown living and the importance of public spaces and amenities. It will also focus on successful small businesses, major employers, and other initiatives that help establish downtown Roanoke as a reg
RICHMOND – Governor Bob McDonnell announced today that December 2013 revenue collections increased by 0.8 percent from December of 2012. On a year-to-date basis, total revenue collections rose 0.7 percent through December, lagging the annual forecast of 1.7 percent growth. Adjusting for the accelerated sales tax program and the 0.125 percent sales tax transfer required by last session’s historic transportation bill, total revenues grew 1.7 percent through December, trailing the adjusted forecast of 2.9 percent growth.
The increase in December revenue was driven by solid growth in collections of individual withholding and nonwitholding partially offset by an increase in refunds and declines in sales, corporate income tax, and recordation taxes. Individual withholding rose 3.1 percent. Year-to-date collections of individual nonwithholding through the first half of the fiscal year rose by 12.4 percent, well ahead of the annual estimate of a 6.3 percent increase. At the same time, sales and use taxes, reflecting sales made in November, fell 4.3 percent in December.
Because a number of factors can influence the flow of payments and monthly growth rates this time of year, December and January receipts must be considered together to get a clear picture of revenue growth.
Speaking about the December numbers, Governor McDonnell noted, “Over the last four years we have both projected revenue growth and budgeted conservatively. In doing so, we have helped put Virginia in a more sound financial position for the future. Virginia’s economy continues to improve. Over the last four years we have worked in a bipartisan fashion to put in place policies that strengthen that give our private sector job-creators the tools they need to create jobs and opportunities for all Virginians. This approach has worked. Since the beginning of this Administration 177,300 net new jobs have been created. And, our unemployment rate has fallen two full percentage points, from 7.4% to 5.4%. I want to commend the great work of Virginia’s first chief jobs creation officer, Lieutenant Governor Bill Bolling, and the members of the General Assembly for putting in place pro-growth policies that have helped the Commonwealth emerge as an economic leader during tough fiscal times.”
Posted By Valerie Garner
Categories: Finance, Politics, State Politics
Tags: budget, governor, McDonnell