Change my location 
Budget - Virginia
Kaine prepares to unveil new transportation funding plan
- Gov. Tim Kaine said Tuesday he likely will announce his long-awaited transportation funding plan “sometime in the next 10 days” and that it may include tax increases on fuel and auto sales to pay for new road construction and maintenance.
Governor, lawmakers show no signs of reaching agreement
- Gov. Tim Kaine said on Thursday he expects to call lawmakers back to Richmond in mid-to-late June to address the state’s lingering transportation funding crisis, a projected date creeping deeper into the summer as lawmakers and the governor show no signs of reaching a funding agreement.
Kaine proposes new expenditures
- Gov. Tim Kaine on Monday proposed a handful of new expenditures for the state’s two-year budget that will cost an additional $8.9 million, including millions for a Shenandoah Valley research center and Civil War site preservation grants.
Optimistic revenue projections could threaten budget
- The legislature’s reliance on projections that personal income taxes will grow by more than $600 million next year to balance its budget has begun to draw fire, with critics calling the assumption overly rosy in the middle of a sharp economic downturn.
Dulles rail re-bidding stripped from budget
- The final version of the Virginia General Assembly’s two-year budget will not force the Kaine administration to put the Dulles Rail project out to bid, dashing the House’s hopes of securing a cheaper deal on the rail extension to save its funding.
Lawmakers cite budget successes, but transportation fight still looms
- Virginia legislators and the governor said Thursday they have crafted a two-year budget that will keep the commonwealth running amid shriveling revenues and a generally bleak economic picture.
- Virginia legislators and the governor said Thursday they have crafted a two-year budget that will keep the commonwealth running amid shriveling revenues and a generally bleak economic picture.
House, Senate reach a deal on budget, retooled for worsening economic slump
- Virginia House and Senate budget negotiators forged a tentative compromise Wednesday on how to spend more than $77 billion over the next two years, following three days of overtime debate over funding core services and a meager set of program expansions.
Va. lawmakers on both sides say budget deal is imminent
- Virginia legislators replaced their warlike budget rhetoric for a more conciliatory tone Tuesday and predicted a compromise on the state’s $78 billion spending plan by the end of the week.
With short extension, clock is still ticking on state budget talks
- Virginia lawmakers have two days to smooth out a handful of relatively mundane but nevertheless nagging budget disagreements after an embarrassing failure to conclude negotiations by this weekend’s deadline.
Saslaw pushes tax increase to fill transportation gap after ruling
- Senate Majority Leader Richard Saslaw on Thursday pushed a long-shot proposal to replace the state’s court-banished transportation funding package with a series of new taxes, both regional and statewide.
House nixes plan to cut teacher raises, leaving 2009 pay increases in danger
- House leaders scrapped their proposal to shrink the state’s share of teacher pay raises that stood as the largest roadblock to a budget compromise, but said Thursday the change would come at the expense of an immediate salary increase for educators.
- House leaders scrapped their proposal to shrink the state’s share of teacher pay raises that stood as the largest roadblock to a budget compromise, but said Thursday the change would come at the expense of an immediate salary increase for educators.