Budget & Revenue
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...
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...
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...
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...
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...
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...
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...
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...
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 released their...