Several Hampton Roads cities have presented proposed spending plans for next fiscal year, and none to date include any preemptive cuts in anticipation of federal funding reductions.
But city leaders say they are continuing to monitor any potential impacts that may trickle down to local government. Five Hampton Roads cities introduced their budgets last week. Some cities, like Newport News, have introduced more conservative spending plans as a precaution.
At the state level, Gov. Glenn Youngkin also has proposed some financial restraint. In a slate of more than 200 budget amendments the Republican governor introduced last week , he suggested setting aside $300 million to the state’s rainy day fund, which would bring the total to about $5 billion…