PROJECTBUDGET PLANNING

Local school tax authority for capital projects

Commonwealth of Virginia
Detected
Nov 2, 2026
5 days ago
Sector
School Taxes
Detected 5 days agoNov 2

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From the meeting

HB 334 authorized all counties and cities to levy an additional local sales and use tax of up to one percent if approved in a voter referendum. Revenue must be used only for public school capital projects, including new construction, major renovation, debt repayment for prior school projects, and site acquisition. The fiscal note said the bill would become effective July 1, 2026 if enacted and that local administrative costs were unknown.

Actionable: the bill created a future local funding mechanism for school construction and renovation.

Meeting date
November 2, 2026
Agency
Commonwealth of Virginia

Questions about this project

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When will Commonwealth of Virginia issue an RFP for this project?

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