Search results for: “layne”
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Layne Going to the Dark Side
I do not know if this is good news or bad news for Jim Sherlock’s campaign, but Aubrey Layne, currently the Secretary of Finance, will be joining Sentara on July 1. (This is about the time during an administration that Cabinet members start jumping ship.)
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Is Aubrey Layne Serious about a $2B “Hit” to Virginia’s Biennial General Fund from COVID-19?
By DJ Rippert Penny Layne. Aubrey Layne is Virginia’s Secretary of Finance under the Northam Administration. Previously, Layne served as Secretary of Transportation under the McAuliffe regime. Prior to his time in government Layne held a number of executive positions in private enterprise including the presidency of Great Atlantic Properties. Layne is listed by Wikipedia…
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Layne Cautions Again about Excess Debt and Risk
The good news in Secretary of Finance Aubrey Layne’s presentation to the House Appropriations Committee this morning is that General Fund revenues, after a below-forecast start to the fiscal year, surged 27.4% in April. On a year-to-date basis, total revenues are 6.2% ahead of last year, beating the 5.9% forecast for Fiscal 2019. The bad…
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Micron Incentives Were Behind Layne Warnings
One mystery solved: Secretary of Finance Aubrey Layne was probably talking about Micron Technology in Manassas on August 17 when he warned the General Assembly about some very expensive economic development incentive package not yet announced or accounted for in the Commonwealth’s budget. Layne repeated that warning during a discussion of tax policy yesterday with…
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Northam Appoints Layne as Virginia CFO
In an important signal of how he plants to govern, Governor-elect Ralph Northam announced yesterday his appointment of Transportation Secretary Aubrey Layne as his Secretary of Finance. Layne will replace Ric Brown, who is retiring after serving three consecutive governors in the office. Layne, an administrator with a non-partisan, technocratic bent, works well with Democrats…
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Layne's Law
by James A. Bacon After spending a year and a half cleaning up the mess left by the previous administration — the Charlottesville Bypass, Norfolk’s Midtown-Downtown Tunnel, the U.S. 460 Connector in Tidewater — Transportation Secretary Aubrey Layne now has the opportunity to show whether or not he has the chops to handle a complex, politically…
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Layne’s Law
by James A. Bacon After spending a year and a half cleaning up the mess left by the previous administration — the Charlottesville Bypass, Norfolk’s Midtown-Downtown Tunnel, the U.S. 460 Connector in Tidewater — Transportation Secretary Aubrey Layne now has the opportunity to show whether or not he has the chops to handle a complex, politically…
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Feet-to-the-Fire Time for Layne, Kilpatrick
by James A. Bacon Virginia taxpayers will have to suck up a $400 million to $500 million loss if the U.S. 460 upgrade between Petersburg and Suffolk never gets built, Transportation Secretary Aubrey Layne told the House Appropriations Committee yesterday. “If everything totally went south, we … may end up with $500 [million] left of the…
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Lack of Credit, RVA Edition
by Jon Baliles City Hall has spent the last few months trying to fix the meals tax fiasco where they were charging restaurants thousands and tens of thousands of dollars in penalties and interest which accrued that the restaurants never knew about and about which the city never made any attempt to contact them, so…
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Fairness + Accountability = Thriving City
by Jon Baliles The city of Richmond seems to be trying to plug all of the holes in its boat, also known as the U.S.S. Meals Tax Fiasco, that has been taking on water for months. It seems that the city is finally wiping out the erroneous meals tax payments and interest they had charged…
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Another City Hall Fiasco in RVA
by Jon Baliles City Hall suffered another self-inflicted artillery wound last week when within a span of four days they were sued for allegedly violating state Freedom of Information Act (FOIA) laws, pledged a stout defense against the claims, and then announced they would be changing the way City Hall handles FOIA requests. Translated, the…
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Richmond’s Meals Tax Disaster
by Jon Baliles (These reports were published first by RVA 5×5 and are republished here with permission.) Starting about 25 years ago, Richmond’s restaurant scene began its ascent into the local consciousness as our region’s favorite (and only) professional sport. Offerings expanded and ventured into new directions and opened peoples eyes and expanded our tastes;…
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Deep Dive: Casinos, Highways, and Ignoring RVA Voters
by Jon Baliles Republished with permission from RVA 5×5. They say the past is prologue and that if you don’t learn from history, you are doomed to repeat it, among other famous quotes that have stood the test of time. And they have a factor of truth and lesson in them. And so is the…
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Incapable at Least; Incompetent at Worst
by Jon Baliles The Richmond casino referendum this week was once again in the forefront of the news but not because of the impending vote or the discussion of the numerous proposed “benefits” the casino advocates have promised every group under the sun. No, this week it was made known that the company driving the…
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RVA 5×5: Incentivizing Derelicts
by Jon Baliles Housing has become a vital issue all across our region; it is a pressing need, but not simple to resolve. It will be with us for some time to come and we have to seek out a multi-prong strategy to address it. But there are some steps that can be taken to…