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Building Better Communities Through Sound Government

BETTER COMMUNITIES THROUGH SOUND GOVERNMENT

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Home / Coronavirus Resources / Economy

Economy

Back to Resources Page

The resources below include secondary and older items. They are provided here for reference purposes. Visit VML’s COVID-19 Resources main page to view only the most recent.

    • Town of Middleburg: Actions taken to support local businesses:
      • Restaurant Support Program
      • Retail Support Program and Joint Marketing Effort
    • “Big 7” Sign-On Letter: Over 130 state and regional organizations, including VML, signed on to this letter to Majority Leader McConnell and Minority Leader Schumer to request direct aid to localities to address revenue shortfalls. Read the letter here >. (June 29, 2020)
      • From the letter: “Unlike the federal government, these state and local governments must begin their fiscal years on time and with a balanced budget. If the Senate fails to act immediately to support state and local governments, our nation’s recovery from the pandemic-induced recession will suffer and millions of Americans will needlessly be harmed.”
    • Commonwealth of Virginia Secretary of Finance: Economic and Revenue Update – A Briefing for the Money Committees (May 2020). Includes:
      • National and State Economic Indicators
      • April Year-to-Date Revenue Collections, Fiscal Year 2020
      • Next Steps
      • Federal Stimulus Funds
    • Local Government Attorneys of Virginia (LGA): Authority to Defer Local Tax Payments and Process for Doing So (April 7, 2020)
      • Accompanying cover letter
    • Budgeting in the age of COVID-19: A tool to measure sinking local revenues by Jim Regimbal, Fiscal Analytics (April 3, 2020)
    • COVID-19 Local Government Financial Management Resources from Virginia Tech.
    • CGI: U.S. State and Local Government – Core principles for public sector crisis management and recovery
    • VML Staff: Suggested itemized expenses to track for CARES Act reimbursements
    • VML: Listen to the recording of our April 29, 2020 call with Angela L. Navarro, Deputy Secretary of Commerce and Trade and Cassidy Rasnick, Deputy Secretary of Commerce and Trade for the Commonwealth of Virginia. The deputy secretaries discussed the administration’s plans to restart Virginia’s businesses.
    • American Water Works Association (AWWA) and the Association of Metropolitan Water Agencies (AMWA): The Financial Impact of the COVID-19 Crisis on U.S. Drinking Water Utilities (April 14, 2020)
    • Local Government Attorneys of Virginia (LGA): Authority to Defer Local Tax Payments and Process for Doing So (April 7, 2020)
      • Accompanying cover letter
    • Government Finance Officers Association (GFOA): Virtual Resource Center for Coronavirus Response with information and news updates focused on governmental finance issues.
    • Budgeting in the age of COVID-19: A tool to measure sinking local revenues by Jim Regimbal, Fiscal Analytics (April 3, 2020)
    • A First Estimate of the Impact of COVID-19 on Virginia’s Local Governments by Ron Carlee and Robert McNab from ODU’s Strome College of Business. This working paper estimates the financial impacts on local governments from COVID-19. (March 27, 2020)
      • Working paper
      • Summary
      • Op-ed published in the Richmond Times Dispatch on March 31, 2020: COVID-19 shocks local government revenues
    • COVID-19 Local Government Financial Management Resources from Virginia Tech.
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Comments and questions about this website or the data provided may be addressed to Manuel Timbreza
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Virginia Municipal League
P.O. Box 12164, Richmond, VA 23241
13 E. Franklin St., Richmond, VA 23219
804-649-8471

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