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Budget & Revenue

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January 8, 2024 | Laura Goren

How Does Virginia’s State Budget Work?

Originally published July 12, 2023: Updated Jan 8, 2024 Why the budget matters Creating broadly shared opportunity requires investing our...
December 20, 2023 | The Commonwealth Institute

Governor’s budget proposal falls short of meeting community needs, prioritizes the wealthy

Correction: A previous version of this statement said the governor’s proposal relies on $3.8 billion in one-time...
December 18, 2023 | Megan Davis

Fair Share Taxes: A Simple, Effective Solution to Invest in Our Communities

Whether we have $10 to our name or $10 million, we all want to live in a state with good...
December 18, 2023 | The Commonwealth Institute

Tax Policy Proposal Could Raise $1 Billion to Invest in Education, Housing, and More

Just before the governor unveils his budget proposal, The Commonwealth Institute (TCI) has released a new report outlining a proposal...
November 15, 2023 | The Commonwealth Institute

New Community-Driven Policy Agenda a Strong Foundation for Transformative Change in Virginia

Richmond, VA — After several months of working with and listening to community leaders and partners about the needs of...
October 5, 2023 | Laura Goren

Compromise Budget Invests in Student Support Staff by Mostly Lifting Support Cap

Every student deserves a safe and healthy school environment where they are supported academically, socially, and emotionally. While teachers have...
September 29, 2023 | Laura Goren

What a Federal Shutdown Would Mean for Virginia

Update: On Saturday, September 30, Congress passed a continuing resolution to continue funding through mid-November. Due to the...
September 6, 2023 | Amy Wentz

Statement: Budget Compromise Rejects Proposed Tax Handouts for Corporations, Millionaires and Invests In Virginia Families

Today, Amy Wentz, Director of Outreach and Engagement for The Commonwealth Institute for Fiscal Analysis (TCI), released the following statement...
September 3, 2023 | The Commonwealth Institute

Session 2023: Key Budget Policy Choices

Comparing the governor’s, House, Senate, and compromise budgets to the 2022-2024 budget House and Senate budget negotiators have...
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