Posts Tagged Budget

The biggest budget sticking point? What to do about the standard deduction

Members of the General Assembly concluded their session without passing a budget. Michael Pope reports.

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Secretary of Finance: Budget Surplus Could be Close to $2 Billion

Virginia should see a budget surplus as high as $2 billion, the Secretary of Finance told the House of Delegates’ Appropriations Committee Wednesday, but much of the money would have to be deposited into legally required funds. Jahd Khalil reports.

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Many Localities Across Virginia Facing Tough Budget Decisions Thanks to COVID-19

virginia_flag_map_0Local governments across Virginia are now reassessing their budgets for the coming year. Michael Pope has this report on what to expect.

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Despite Economic Concerns Related to COVID-19, Lawmakers Pass Budget

general_assembly_2020Lawmakers in Richmond gaveled out Thursday on what’s been a historic legislative session. It was the first time Democrats were in charge of the process since the early 1990’s. The final item on their to do list was to pass the state’s two year budget. Mallory Noe-Payne reports.

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Will Virginia Lawmakers Implement Another Tuition Freeze This Year?

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Credit: Taber Andrew Bain / Creative Commons

For two decades, tuition at Virginia’s universities was on the rise. That ended last year after a massive new investment in higher education was available only to schools who agreed to cap their tuition rates. But, as Mallory Noe-Payne reports, it’s unclear whether lawmakers will make the same move this year.

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Education, Environment and Gas Tax: Takeaways from Gov’s Budget Proposal

governor-northam-official-photo_800Fully funding Virginia’s public schools, an increase in the fuel tax, and a new state run health insurance marketplace — those are all on Governor Ralph Northam’s budget wish list. Mallory Noe-Payne reports.

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Lawmakers Eliminate State-Funded Abortion Program

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Credit: MBandman / Creative Commons

State lawmakers have cut funding for a Department of Health program that pays for certain abortions. The budget amendment slid under the radar during a busy legislative session. Mallory Noe-Payne reports.

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Lawmakers Offer More Money, as Colleges Consider Tuition Increases

StateSeal00This spring, colleges in Virginia will be voting on whether to raise tuition for next school year. The latest state budget has a big incentive for them not to. Mallory Noe-Payne reports.

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Mixed News for Higher Ed in State Budget

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Credit: Taber Andrew Bain / Flickr CC

State lawmakers have signed off on a budget that includes increased spending on K-12 education, health care, and raises for state employees. But the outlook for higher education funding is mixed. Mallory Noe-Payne reports.

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Budget Talks Restart in May

Virginia_State_Capitol3Despite already being one month into overtime, state lawmakers will wait until mid May to restart budget negotiations. Leaders in the Senate say they want updated data on tax collections before they dive back in. Mallory Noe-Payne reports.

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College Students, Teachers Could Get Caught in Medicaid Debate Crosshairs

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Credit: Virginia Tech

Lawmakers in Richmond are trying to balance the books, but the numbers aren’t adding up. At least not yet. Michael Pope has more from the Capitol.

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Lafayette River Rebounds, Community Still Wary of Bay Budget Cuts

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From left: Sean Corson, Acting Director, NOAA Chesapeake Bay Office; Rep. Bobby Scott, (3rd District); Ryan Jackson, aide to Rep. Scott; Molly Ward, Virginia Sec. of Natural Resources; Rick Coradi, Rotary Club of Norfolk all dump oysters with baby oysters attached onto a newly constructed reef. (Credit: Pamela D’Angelo)

After nearly a decade of work, the once-polluted, urban Lafayette River in Norfolk is rebounding. The Elizabeth River Project and Chesapeake Bay Foundation will build just five more acres of oyster reefs to become Virginia’s first river to meet Chesapeake Bay oyster restoration goals. Last week, federal, state and local legislators celebrated with community activists, but remain concerned that the president’s budget has zeroed out all bay cleanup funding. Pamela D’Angelo reports.

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