13 days ago- 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.
18 days ago- 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.
28 days ago- 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.
57 days ago- 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.
60 days ago- 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.
60 days ago- 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.
61 days ago- 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.
62 days ago- 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.
64 days ago- 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.
67 days ago- 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.
67 days ago- 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.