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Budget & Revenue

June 2, 2021 | The Commonwealth Institute

Despite Decade of Economic Growth Prior to Pandemic, State K-12 Funding Still Down

State funding for K-12 education is still down when compared to pre-Great Recession levels, despite a decade of economic...
May 21, 2021 | Chad Stewart

Federal Aid for Schools: Addressing Pandemic Impacts and a Springboard to a Better Future

With billions of dollars from the American Rescue Plan (ARP) heading to Virginia, highly consequential budget decisions will be...
May 18, 2021 | Ashley Kenneth

More Than Recovery: Reflecting on a Stronger Future for the Commonwealth

The COVID-19 pandemic has unearthed inequities with deep roots. Intentional policy decisions made over generations have maintained a society...
March 18, 2021 | Chris Wodicka

Countering Corporate Tax Avoidance through Combined Reporting

New research brief shows many of Virginia’s large corporate employers already adhere to these requirements in other states RICHMOND,...
March 9, 2021 | Chris Wodicka

Combined Reporting: A Widely Used Tool to Counter Corporate Tax Avoidance

Schools with good teachers, well-maintained streets, access to high-quality health care – these basics help communities to thrive. Yet...
February 25, 2021 | The Commonwealth Institute

Session 2021: Key Budget Policy Choices

Comparing the governor, Senate, House, and conference budget proposals to the budget signed in fall 2020 House and Senate...
February 18, 2021 | Levi Goren

Weaving Together the Pieces: Important Steps in Both House and Senate Budgets to Advance Equity and Opportunity

The past year has made clear how important investments in our communities are for the health and economic well-being...
February 17, 2021 | Chris Wodicka

Confused by the debate on PPP loans and “conformity”? Here’s how it works…

Under the federal Consolidated Appropriations Act that was signed into law in late December, the federal government is providing...
February 4, 2021 | Chris Wodicka

Compromise House Conformity Bill Takes Fiscally Responsible Approach on Business Tax Deductions

Economic hardship has sharply increased at the highest rate in over 50 years. In Virginia, families and communities across...
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