Category Archives: State Government

Uh Oh … Another Bad Year for VRS Investments

The Virginia Retirement System earned 1.4% on its $82 billion investment portfolio in fiscal year 2020, far below the long-term average of 6.75% the VRS Board of Trustees assumes that it will earn over the next 30 years, reports the … Continue reading

Posted in State Government | Leave a comment

Could the Loudoun Drowning Tragedy Have Been Avoided?

A decade ago, I wrote a column in this space regarding a quality assurance process for professional architecture, engineering, surveying, mapping and related services codified in Federal law, and most state laws, including Virginia. The “Brooks Act”, the Federal law … Continue reading

Posted in Government Reform, State Government | Leave a comment

Economic and Job Recovery? Not the Special Session’s Focus

With the Virginia General Assembly’s “Cops and COVID” special session moving into its third week, it seems likely to impede rather than assist the state’s economic recovery from the pandemic. It may also greatly expand COVID-19’s financial burdens in the … Continue reading

Posted in Economy, State Government | Leave a comment

Northam Finally Abandons Spending Hikes in Face of COVID

Perhaps the most important point about Governor Ralph Northam’s latest Virginia state budget proposal is what he did not recommend. He did not recommend dipping into the state’s current cash reserves to restore spending items which had been frozen. No … Continue reading

Posted in State Government | Leave a comment

New Rules for Employers: There Is No Escape

The first thing every employer in Virginia needs to understand about the state’s new COVID-19 temporary workplace standard (here) is it is universal.  It applies to every workplace, public and private, for-profit and non-profit, with 10,000 workers or two.  The … Continue reading

Posted in Economy, State Government | 1 Comment