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News
Norfolk Public Schools approves 5% property tax authority override amid budget uncertainty
2+ week, 4+ day ago (1385+ words) NORFOLK PUBLIC SCHOOLS is expected to keep its property tax levy at 87.62 cents per $100 per valuation. On a $100,000 home, that would be an increase of $3. Shown here is a neighborhood off First Street in Norfolk. The board approved the resolution…...
Virginia brings in more revenue than expected, but Spanberger urges caution
3+ week, 3+ day ago (236+ words) Va. (WSET) — Virginia ended the last fiscal year in a stronger financial position than expected, bringing in significantly more revenue than state officials had projected. But Gov. Abigail Spanberger is warning lawmakers not to get too comfortable. Spanberger made the…...
Budget carries major Virginia policy changes
2+ mon, 1+ week ago (347+ words) (The Center Square) – Virginia lawmakers approved Gov. Abigail Spanberger’s 14 budget amendments Monday, completing work on the state’s two-year spending plan ahead of the Wednesday's start of the new fiscal year. The Senate and the House of Delegates adopted all 14 amendments…...
Virginia Senate approves budget after weeks of negotiation
2+ mon, 2+ week ago (425+ words) RICHMOND, Va. (WSET) — Virginia lawmakers approved a new state budget Monday after weeks of negotiations. The Senate voted 23-16 to approve Virginia’s new state budget, ending a prolonged standoff between lawmakers. During negotiations, Senate Democrats pushed to eliminate a data center…...
Virginia lawmakers approve two-year budget after months of debate over data center taxes
2+ mon, 2+ week ago (432+ words) RICHMOND, Va. — Virginia's state budget passed both the House and Senate Monday, ending a standoff over data center tax policy that had stalled negotiations for months. The two-year spending plan includes 4% raises for teachers, 3.5% raises for state employees, higher standard…...
Virginia localities raise $119M for school construction through targeted sales tax
2+ mon, 3+ week ago (889+ words) Over the past five years, several Virginia localities have generated just $119 million total from a targeted sales tax to fund school construction and maintenance, fueling calls to expand the tax statewide. When lawmakers first established the tax in 2021, a state…...
Virginia lawmakers return to vote on state budget
2+ mon, 2+ week ago (291+ words) RICHMOND, Va. - Virginia lawmakers are back at the Statehouse Monday, prepared to take a final vote on the state’s budget after months of internal disagreements. The deadline to get an approved spending plan to the governor’s desk is June 30, now…...
Virginia budget leaders reach ‘agreement in principle’ for deal
2+ mon, 3+ week ago (313+ words) Virginia budget negotiators are nearing a deal to ensure that the state will have a new two-year spending plan in place on July 1, but they haven’t completed work on how they would tax data centers to generate additional money to…...
Billions in Tax Breaks Fuel Debate Over Virginia Data Centers
2+ mon, 3+ week ago (50+ words) State Sen. Louise Lucas continued her statewide listening tour on data centers with a stop in Virginia Beach, where residents, labor leaders and lawmakers discussed... State Sen. Louise Lucas continued her statewide listening tour on data centers with a stop…...
Virginia senator's Data Center Listening Tour spotlights concerns about growing industry
2+ mon, 3+ week ago (359+ words) While budget negotiators are reportedly hard at work, Virginia’s Senate President is continuing her tour of Virginia localities to hear from residents about data centers. Portsmouth Democrat and Senate President Louise Lucas is famously less than subtle, and her data…...