Tidewater Board of Supervisors Votes to Hold Sales Tax Referendum for School Construction
What happened
The Board of Supervisors in Tidewater voted to hold a referendum on a local general retail sales tax increase. This tax increase, which cannot exceed 1%, is intended to raise revenue solely for the construction or major renovation of public schools.
From pilotonline.com
Why it matters
The measure allows localities to raise capital funds for education infrastructure. For example, King and Queen County estimates the sales tax increase would generate about $450,000 in capital funds for building a new elementary school.
From pilotonline.com
Who's involved
- board of supervisorsThe body that voted to hold the referendum on the sales tax increase
- TidewaterThe region where the referendum affecting local areas is taking place
- NorfolkA city involved in the referendum to increase sales tax revenue for school construction
- PortsmouthA city involved in the referendum to increase sales tax revenue for school construction
- Newport NewsA city involved in the referendum to increase sales tax revenue for school construction
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- NorfolkSpeculative
Norfolk might see changes in local sales tax revenue due to the referendum
- PortsmouthSpeculative
Portsmouth might see changes in local sales tax revenue due to the referendum
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.Keep exploring
The entities involved
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Tidewater
Atlantic coastal plain region of the United States
Nothing else this week.
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board of supervisors
body which oversees the operation of county governments in certain U.S. states
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Newport News
independent city in Virginia, United States