In Virginia, No Easy Passage for Kaine's Transportation Plan

Vadum, Matthew
February 2006
Bond Buyer;2/10/2006, Vol. 355 Issue 32317, p28
Trade Publication
The article reports that Virginia Governor Timothy M. Kaine is supporting legislation aimed at clarifying existing law to allow localities to reject rezoning requests if proposed new development would overwhelm transportation systems. A measure that would give local governments greater authority to stop development if they believe local roads cannot handle the traffic that development would generate was rejected by a panel of the House Committee on Counties, Cities and Towns. The plan of Kaine would generate $3.74 billion in revenue for transportation projects over four years using tax increases and user-fee hikes.


Related Articles

  • Surplus Could Back Virginia Transportation Projects, Kaine Says. Ackerman, Andrew // Bond Buyer;12/18/2006, Vol. 358 Issue 32530, p4 

    The article reports on the announcement of Virginia Gov. Timothy M. Kaine on December 15, 2006, that the $500 million in state transportation projects he proposed could be financed through general fund surpluses. Kaine suggested that the newly found surplus should be used to pay the...

  • VIRGINIA: Kaine Seeks 5% Spending Cut. Schroeder, Peter // Bond Buyer;8/23/2007, Vol. 361 Issue 32698, p9 

    The article reports on the call of Governor Timothy M. Kaine for a 5 percent spending cut in Virginia's fiscal 2008, $36 billion budget. This is because the commonwealth has come up short in tax revenue due in part to the troubled housing market. Kaine said that state failed to meet tax revenue...

  • Virginia's Kaine to Outline Cuts as Collections Slow. Funk, Lynne // Bond Buyer;8/19/2008, Vol. 365 Issue 32943, p6 

    The article reports that Virginia Governor Timothy M. Kaine will outline budget cuts in fiscal 2009 and 2010 as tax revenue collections have slowed and are expected to continue to weaken. Kaine and newly appointed Secretary of Finance Ric Brown have begun the process of finding ways to address...

  • Virginia Gov. Kaine Eyes Solutions to Possible $1B Shortfall. Funk, Lynne // Bond Buyer;8/18/2008, Vol. 365 Issue 32942, p4 

    The article reports that Virginia Governor Timothy M. Kaine will meet with state legislative finance committees for finding ways on the possible $1 billion shortfall. They will meet to begin addressing the shortfall in the state's biennial budget as revenue estimates are expected to be revised...

  • Virginia Revenue Forecasts Expected to Be Revised Down. Funk, Lynne // Bond Buyer;7/31/2008, Vol. 365 Issue 32930, p3 

    The article focuses on the forecast for the 2008-2009 revenue in Virginia. Finance Secretary Jody M. Waner explains that the country need to revise its annual revenue and expect further budget adjustments due to the economic recession happened nationwide. Wagner emphasizes that the downward...

  • Va.'s Transportation Jam. Ackerman, Andrew // Bond Buyer;2/27/2007, Vol. 359 Issue 32576, p1 

    The article reports that Virginia Governor Timothy M. Kaine has opposed to the idea of using general fund revenues to back bonds for long-term transportation projects. He further stresses that he would use his line-item veto power to amend a $2.5 billion bond package that the...

  • Va. may scale back truck lanes.  // Roads & Bridges;Apr2006, Vol. 44 Issue 4, p11 

    Focuses on the inefficiency of the additional transportation construction funding being proposed by Virginia Governor Timothy M. Kaine to build separated truck lanes along the entire Interstate 81 stretch. Growth of traffic in the state; Outlook for the funds to be used on maintaining...

  • Kaine: It's Scale-Back Time. Funk, Lynne // Bond Buyer;9/4/2008, Vol. 365 Issue 32954, p9 

    The article reports on request of Virginia Governor Timothy M. Kaine to let state agencies begin looking for cuts that could add up to 5%, 10% or 15% of their budgets. Kaine and state Secretary of Finance Ric Brown are preparing for a major downward revision in revenue estimates, which they will...

  • 1st Half Revenues Rise. Vadum, Matthew // Bond Buyer;1/19/2006, Vol. 355 Issue 32301, p31 

    The article reports on the growth of the total general fund revenue collections by 10.4 percent in December 2005 in Virginia. The internal revenue increase reflects the alleviation in corporate income tax collections and continued intensity in individual nonwithholding payments. On the other...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics