POLITICSVIRGINIA MERCURY
November glut of school referendums signals necessity of taxing option in Virginia
Over 40 localities across Virginia are planning voter referendums this fall, seeking a 1% sales tax increase for funding school construction and major renovations. This increased funding is needed because local officials estimate that $25 billion is required to address K-12 buildings over fifty years old in the state. The option to raise funds locally would be extended to more communities.
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Adjacent reporting
- Virginia localities raise $119M for school construction through targeted sales tax
- 1% sales tax increase could fund construction, renovations at dozens of Central Virginia schools
- Norfolk council to take up referendum for increased sales tax for school renovations, construction
- Richmond voters to decide on 1% sales tax increase to fund school construction projects
- Virginia schools push for local tax option as aging buildings strain rural divisions
- School project sales tax won’t be on the ballot in Suffolk this year