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Budget & Revenue

October 14, 2020 | The Commonwealth Institute

Virginia Needs an Updated Budget to Address Economic and Health Challenges

A lot has changed since April when legislators approved a state budget amid significant uncertainty. After six months, we...
September 2, 2020 | The Commonwealth Institute

Virginia Families Are Facing Hunger and Instability Due to the Pandemic: Legislators Should Use Available Federal Funds and Reserves to Help

Too many Virginia families and small businesses are struggling to stay afloat and pay their rent or mortgage in...
August 27, 2020 | Chris Duncombe

Gov. Proposal Takes Out Almost Three Quarters of A Billion Dollars ($722 M) for PreK-12, Leaves Rainy Day Funds Untouched

Last week, Gov. Northam announced his amendments to the state’s two-year budget that began on July 1. The proposal...
August 18, 2020 | Ashley Kenneth

Policymakers Must Use Available Resources to Help Virginia Families and Communities

Statement by Ashley C. Kenneth, Senior Vice President for Policy and Government Affairs, The Commonwealth Institute for Fiscal Analysis,...
August 17, 2020 | Levi Goren

Federal Spending Likely to Continue Stabilizing Virginia’s Economy and State Revenue Through Recession

Virginia has long benefited from the federal government, largely due to the proximity of Washington, D.C. Out of all...
August 14, 2020 | The Commonwealth Institute

Budget Priorities to Advance Racial Justice and Meet COVID-19 Challenges

Much has changed in Virginia, across the United States, and around the world since the General Assembly first adopted...
August 14, 2020 | Levi Goren

Budget Choices for Today and Tomorrow: Learning Lessons from the Great Recession and Setting Virginia on a More Equitable Path

Executive Summary As Virginia policymakers prepare for a special session to address the state budget and policing reforms, this...
August 11, 2020 | Chris Wodicka

State Can Build on Recent Improvements and Provide Greater Local Revenue Authority

Nationally, state and local governments are on the front lines of addressing the current health and economic crises. In...
August 10, 2020 | The Commonwealth Institute

Video: It’s Time to Dismantle Virginia’s “40-Quarter Rule”

The U.S. government requires that lawful permanent residents–immigrants with legal status–reside in the country for five years in order...
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