This week the House will vote on a budget resolution which lays the foundation for rebuilding our economy and laying the ground work for long term prosperity.
Like many local and state jurisdictions across the nation, Fairfax County is projecting a budget deficit for Fiscal Year 2010, which begins on July 1, 2009. Based on current reduced revenue projections, the deficit for county and school operations is anticipated to be in the $400 million range.
There’s a big difference between the Republican and Democratic campaigns: The Republicans have split on policy grounds; the Democrats haven’t. There’s been a Republican divide between center and right but no Democratic divide between center and left.
Council Learns of $640,000 Deficit; Still Spends More The harsh fiscal reality associated with the residential real estate market decline throughout the region broke in on the Falls Church City Council at its meeting Tuesday night.
We knew it was coming sometime, but the fiscal reality of the so-called housing crisis suddenly rose up and popped the Falls Church City Council on the nose Tuesday night, and it’s clear it will take them all awhile to get used to it. Suffice it to say, their handling […]