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News
Virginia’s economy expected to grow modestly by end of 2026, job losses still expected
1+ week, 2+ day ago (314+ words) A new report from the University of Virginia’s Weldon Cooper Center for Public Service says Virginia’s economy is expected to grow modestly through the end of the year. However, job losses are also still expected. “It seems like we hit…...
Virginia infrastructure holds at C in new report
2+ week, 1+ day ago (429+ words) (The Center Square) – Virginia earned an overall C for its infrastructure in a new report, with energy, schools and wastewater among the lowest-rated areas despite billions of dollars in recent state and federal investment. The American Society of Civil Engineers…...
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…...
Proposed 400-mile power line in Virginia teeters on who should foot the bill: data centers or ratepayers
3+ week, 2+ day ago (598+ words) Virginia's booming data center buildout has intensified a fight over who should fund the power infrastructure needed to support it. For households, the answer could show up as higher monthly electric bills. Gov. Abigail Spanberger says data centers should cover…...
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…...
Virginia moves to shift more power costs from families to data centers
1+ mon, 3+ day ago (539+ words) State regulators in Virginia are rethinking who should absorb the cost of the major transmission buildout needed as data centers push electricity demand higher. As Virginia Mercury reported, a new order could place a larger share of those expenses on…...
Virginia governor to intervene in NextEra, Dominion merger over electricity price concerns
1+ mon, 6+ day ago (273+ words) Virginia Gov. Abigail Spanberger said Thursday she will intervene in the huge merger of NextEra and Dominion Energy, an unprecedented move at time when voters are angry over rising utility bills. "As a Virginian, I am deeply skeptical about whether…...
Virginia’s new pay transparency law changes the rules for job postings
1+ mon, 2+ week ago (1594+ words) Virginia job seekers now have a right to know what a position pays before applying online under a new state law aimed at giving workers more leverage in hiring and salary negotiations. The new law, which took effect July 1, requires…...
Virginia data centers face 7-year grid waits, and some build their own power to skip the line
1+ mon, 2+ week ago (387+ words) Virginia's fast-growing data center industry is hitting a notable roadblock: the electric system cannot deliver new power as quickly as many projects want. Because a grid hookup can take years, some developers are looking at generating electricity on-site instead so…...
Virginia ends fiscal year with $936M budget surplus
1+ mon, 4+ week ago (341+ words) (The Center Square) – Virginia ended fiscal year 2026 with a preliminary $936.3 million General Fund surplus after tax collections exceeded expectations. Preliminary accounting shows revenues grew $2.09 billion, or 6.7%, during the fiscal year, leaving the commonwealth with a surplus of nearly $1 billion above…...