Earlier this year, Virginia’s General Assembly passed a budget that allowed Virginia’s localities to put tax referendums on the ballot.
Voters in 47 localities across the commonwealth had an optional sales tax referendum to help fund school capital projects, including new construction and renovations.
In last week’s election, 15 of 47 locations voted for the referendum, while 32 rejected it. The majority of urban and rural areas voted against the tax, while most small cities and suburban localities passed the measure.
Richmond City
In Richmond, voters approved the 1% sales tax, creating a new direct funding stream dedicated to school construction and modernization costs…