While the City of Falls Church joins jurisdictions of all shapes and sizes across the U.S., and globally, in tackling with its current budget deliberations the worst fiscal conditions since the Great Depression, lines need to be drawn in a uniquely stark fashion in key areas to define the most […]
In our observations of the Falls Church City Council’s deliberations on the most extraordinary budget in the City’s 60-year history, two critical components have been absent from the discussions.
It is sheer madness that Wall Street types insist some changes in the rules of accounting can turn around the global economy.
The global recession has translated into a steep nosedive in sales tax revenues, rather than declining residential real estate values, as the primary cause of a $1.2 million shortfall that confronts the City of Falls Church as it moves toward adoption of a budget for the new fiscal year.
The Senate Finance Committee held its annual retreat last week in Fredericksburg.
The oxygen was sucked out of the room where the Falls Church City Council and School Board were gathered for their first take on the coming fiscal year budget Monday night, as the City’s Chief Financial officer John Tuohy tallied up expected revenue shortfalls and unavoidable cost increases.
Tough Budget choices coming On Monday, the House Appropriations Committee met in one of its regular update meetings.
New Project Saved F.C. From Worst Editor, As outlined in your last issue, Falls Church City is facing a budget deficit.
Monday, the General Assembly “money” committees met in Richmond to hear the Kaine Administration’s revenue projections for this fiscal year (’09), that ended on June 30, and the next (‘FY10). The news was not good.
Due to relentless opposition from nearby St. James School parents and neighbors to the site, the developer seeking City of Falls Church’s approvals to build a Hilton Garden Inn hotel on W. Broad St. may modify his plan to build the hotel “by right,” without needing any City government OKs.