March 14, 2026
Covering Annandale, Bailey's Crossroads, Lincolnia, and Seven Corners in Fairfax County, Virginia
Pinecrest School

Tag: economy

Budget shortfall predicted for Fairfax County

#budget, #economy
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The Fairfax County budget forecast for fiscal year 2027 looks grim, according to statistics discussed at a joint meeting of the Board of Supervisors and School Board last week. “With county revenues estimated to increase by $225.5 million, there is a combined net projected budgetary shortfall of $131.5 million,” according to the FY 2027 Budget … Continued

Fairfax County gets back 50 cents for every dollar it sends to Richmond

#Board of Supervisors, #budget, #economy, #state government
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For every dollar of revenue Fairfax County produces for the state, it receives just 50 cents in return. That’s the key finding in a report by the University of Virginia’s Weldon Cooper Center for Public Service. Matt Scheffel, an economist at the Cooper Center, presented the report to the Fairfax County Board of Supervisors’ Economic … Continued

Spanberger offers plan to boost Virginia’s economy

#economy, #politics, #Spanberger, #state government
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Democratic candidate for governor Abigail Spanberger laid out a plan for growing Virginia’s economy and creating jobs during a speech in Manassas on July 23. “It’s not hyperbole to say that Virginia’s economy is under threat right now,” Spanberger said at the apprenticeship training center for the International Brotherhood of Electrical Workers Local Union 26. … Continued

BoS urges Youngkin to oppose Trump’s attacks on federal workers

#Board of Supervisors, #economy, #federal government, #youngkin
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The Fairfax County Board of Supervisors on March 4 approved a letter to Gov. Youngkin urging him to step up for Virginians affected by the Trump administration’s actions to slash the size of the federal government. “We urge the governor to take action to prevent further attacks on Virginia’s federal workers and private sector contractors,” … Continued

Annandale-based company is the fastest-growing firm in Fairfax County and one of the fast-growing in the U.S.

#Annandale, #businesses, #economy
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PingWind is located in this building on Little River Turnpike. A government contractor based in Annandale called PingWind is the fastest-growing company in Fairfax County and one of the fastest growing in the United States. The company is number 75 on Inc. magazine’s list of the nation’s top 5,000 fastest-growing privately held companies.

Board of Supervisors approves two initiatives to assist small businesses

#Board of Supervisors, #businesses, #Covid, #economy, #funding
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The Fairfax County Board of Supervisors took two actions June 8 to support small businesses. The board authorized the licensing of a “Made in Fairfax” logo and approved a $25 million grant program to assist small businesses hurt by the COVID-19 pandemic. The Made in Fairfax initiative supports small-scale production and businesses by providing resources … Continued

Northern Virginia has a worse housing burden for low-income families than any other U.S. metro area

#Annandale, #economy, #families, #housing
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The average rent for a two-bedroom apartment in this Annandale complex is $1,800 a month. Northern Virginia has the highest rate of severe housing burden among low-income households, compared to the 50 largest U.S. metro areas, state a new report. According to “Unequal Burden” the latest report from the Community Foundation for Northern Virginia’s Insight … Continued