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Law Library Blog (March 2020): Legal Beagle's Blog Archive, Roger Williams University School Of Law
Law Library Blog (March 2020): Legal Beagle's Blog Archive, Roger Williams University School Of Law
Law Library Newsletters/Blog
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The Virginia Executive Budget, Charles William Wyatt Iii
The Virginia Executive Budget, Charles William Wyatt Iii
Master's Theses
Virginia, like the other states in our union, was without any set form of budget during its first century of existence. This was partly because there was no definite need for any governmental reform in this area until the twentieth century brought about an expansion of the powers and responsibilities of governments. The states relied on the general property tax for the bulk of their revenue and its return was relatively certain and constant. It enabled a legislature to accurately judge its yield and match this yield to what was needed by an easy adaptation of the rate of taxation. …