Category: Government Finance
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Greasing the Skids for the Budget
by Dick Hall-Sizemore The Virginia General Assembly can be efficient when it puts its mind to it. Consider the 2024 Special Session that convened on Monday. The House convened at noon and adjourned at 3:15. The Senate stayed around a little bit longer. It convened at noon and adjourned at 3:51. (Technically, both houses actually…
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No Need to Call the Budget Bluff
by Dick Hall-Sizemore Governor Youngkin and General Assembly leaders have reached a deal on the budget for the next biennium. Based on press reports, it is difficult to say who won this battle. That’s the hallmark of a compromise. The process started off in December with the governor saying the state had more than enough…
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Parking Decks, Debt, & Trap Doors
by Jon Baliles On Wednesday afternoon at 3:00pm in City Council chambers, City Council will vote and approve the plan presented by the Mayor and Chief Administrative Officer (CAO) to allow Richmond to issue $170 million in bonds to pay for the new baseball stadium on ten acres that will be surrounded by about 57…
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Fairness + Accountability = Thriving City
by Jon Baliles The city of Richmond seems to be trying to plug all of the holes in its boat, also known as the U.S.S. Meals Tax Fiasco, that has been taking on water for months. It seems that the city is finally wiping out the erroneous meals tax payments and interest they had charged…
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Freebees Aren’t Free
by Kerry Dougherty I can’t be the only Virginia Beach taxpayer sick of watching my real estate taxes climb every year while the city council wastes money on pricey gimmicks like “free” Tesla rides for residents and visitors to the city. For two years we’ve picked up the tab for a small fleet of Teslas…
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The Budget Do-Over: A Game of Chicken?
by Jock Yellott Speaking off-the-cuff at a Charlottesville/Albemarle Bar Association lunch on April 18, 2024, Senator Creigh Deeds offered some pointed remarks about Governor Youngkin. The Governor and the General Assembly had just the day before agreed to scrap the budget and the Governor’s proposed amendments and start over from scratch in May, averting a…
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State Legislatures Control Budgets — Virginia’s More Than Most
by David J. Toscano For over a month, Virginia’s legislature and governor have been embroiled in a “two scorpions in a bottle” fight over the new biennial budget, which must be passed by June 30, 2024, to fund the government. Last Wednesday, each of them loosened the cork in the carafe. After Assembly-initiated discussions with…
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Ready for Taxes on Netflix, NFL Sunday Ticket?
By Steve Haner After a month of unproductive political theater, Virginia’s leaders will finally sit down like adults and negotiate the budget. Better late than never. The message is “everything is back on the table,” which leaves the door wide open for the tax increase central to the Democrat’s demands. That deserves a quick no. At…
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Diamonds Aren’t Forever
by Jon Baliles The entire saga of the development of the Diamond District project in Richmond has come full circle in the last 18 months, as Mayor Levar Stoney, desperate for an economic development win after the failure of his Navy Hill boondoggle and two failed casino referendums, has rounded the bases trying to get…
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Will Democrats Shut Down State Over Tax Hike?
By Steve Haner The fight that is about to occur at the Assembly’s reconvened session on Wednesday is entirely about taxes, not about spending. An analysis of Governor Glenn Youngkin’s proposed compromise budget – done by the Democrats’ favorite financial bean counters, not by conservatives – confirms his budget comes extremely close to the spending…
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Fairfax Spends More, Teaches Less
by Arthur Purves (Editor’s note: Arthur Purves, president of the Fairfax County Taxpayers Alliance, addressed the Fairfax County School Board on Feb. 13, 2024. His remarks, with updated numbers, are posted below.) At church I get to ask students and parents around Vienna about our schools. The feedback is positive, and we appreciate your dedicated teachers…
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Jefferson Institute’s Hit List Bills Mostly Gone
By Derrick Max Monday was not just the near total solar eclipse in Virginia, but also the deadline for Governor Glenn Youngkin (R) to act on the budget and the remaining bills on his desk. As our Steve Haner wrote, in “Governor’s Budget Compromise Eclipses Fears of Stalemate,” we are generally positive about the approximately…
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Compromise Budget Can Eclipse Stalemate
By Steve Haner Governor Glenn Youngkin (R) is offering a compromise on the disputed state budget that gives Virginia’s Democratic legislators most of the spending they were initially demanding, especially for local schools and early childhood education. The Governor is also offering a quick path to a resolution that avoids additional months of budget stalemate…
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Time for a Fairfax County Salary Freeze
by Arthur Purves Local government compensation is better than private sector. On April 30 the Fairfax County Board of Supervisors will vote on next year’s (FY2025) tax increase. The supervisors have advertised a 7% increase in real estate and car taxes to help pay for $360 million in raises for 38,000 school and county employees.…
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Call the Governor a Spoiled Brat? That’ll Work!
By Steve Haner A senior Democrat on the Senate Finance Committee just called the Governor of Virginia a spoiled brat, which of course became a headline. Is everybody getting the nonsense out of their systems? It is time for the grown-ups to intervene or we will be stuck in a stupid loop until July. The…