Dec. 14, 2001-Jan. 10, 2002
Back Issues
IN THIS ISSUE
Casteen assesses state budget
Executives talk about the heart of leadership
Nurses convene congress to strengthen their voice

African-American Affairs office has charted successful, 25-year course

Building community: Peer advisors offer support
Take our Advice ... Tips for office security over the holidays
No quick fix for Virginia
Tuition assistance and reimbursement requests due soon
New Faces -- Top posts to be filled at U.Va.-Wise
Jan. 4 forum: Ask your local legislators
IATH proposals due Jan. 30
Gone but not forgotten
Happy holidays from ’Hooville

No quick fix for Virginia

The budget deficit facing Virginia, estimated to be as high as $1.3 billion, is not a passing condition, and addressing it will require action on many levels — including a possible tax increase, U.Va. economist John L. Knapp told a coalition of nonpartisan business groups recently.

The programs that account for about two-thirds of state spending include transportation, higher education, K-12 education and Medicaid. To deal with these needs, several possibilities should be considered, including tax restructuring, greater efficiency measures and a major bond issue, said Knapp, a research director at the Weldon Cooper Center for Public Service. The overall tax burden in Virginia is low compared to other states “and it is unrealistic to take this major source off the table,” he said.


CURRENT ISSUE

© Copyright 2001 by the Rector and Visitors
of the University of Virginia

UVa Home Page UVa Events Calendar Top News UVa Home Page