Scant New Spending Seen in Virginia's FY 2006 Budget

Vadum, Matthew
December 2004
Bond Buyer;12/16/2004, Vol. 350 Issue 32031, p30
Trade Publication
The article gives information about proposed amendments to Virginia's $60 billion fiscal 2005-06 biennial budget that Governor Mark R. Warner is scheduled to unveil soon. The amendments are unlikely to include much new spending or debt issuance, his chief spokeswoman suggested earlier this week. "We don't want to create new ongoing spending commitments," said Warner press secretary Ellen Quails. Her comments came as Virginia lawmakers prepare for the commonwealth's annual legislative session that begins next month. The Democratic governor is expected to make a presentation to a joint meeting of the Republican-dominated General Assembly's key financial committees. Tax increases are not expected to be included in the package.


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