Opinion: Commentary: Virginia’s Budget Focuses on Recovery

Opinion: Commentary: Virginia’s Budget Focuses on Recovery

Last year was my first on the influential Senate Finance and Appropriations Committee, where I was glad to gain direct experience in the allocation of funds and the tweaking of expenses which together create our state budget. At the time, the economic outlook was strong, and we reported an incredibly bold, progressive budget. Within a month of its adoption it was clear many of our lofty funding goals would need to be put on hold due to the Covid-19 pandemic. Comparably, Virginia has weathered the economic storm well, and we were able to restore some of these funding priorities this year, as well as take important new steps to begin the process of rebuilding our economy.

Last week the Senate and House reported our respective amendments to the second-year appropriations of Virginia’s biennial budget. The differences between these versions will be reconciled in the coming weeks by the joint budget conferees. The Senate budget prioritizes repairing the damage COVID has done to our students’ ability to learn, bolsters our education system, protects small businesses, expands access to broadband, increases affordable housing opportunities, and funds growing vaccination efforts as well as directing aid to at-risk medical patients.

In healthcare, we made prudent decisions to increase federal matching dollars for children’s healthcare and foster care, and secured a large amount of federal funding to support a statewide vaccination program. Since my last column, Virginia has become one of the most successful states in vaccine distribution, and this funding will help us further advance that mission while saving nearly $100 million for other priorities. We also appropriated dollars to add slots for Developmental Disability Waivers to support those vulnerable residents most impacted by COVID-19.

Virginia’s Affordable Housing Trust Fund, which funds short and long term projects to reduce barriers to ownership and renting of affordable housing, as well as projects reducing homelessness, has been funded at or around $5 million a year since its inception. That was simply not enough, and I am glad the Senate budget takes the issue seriously by allocating $110 million to the Trust over the biennium. We also allocated significant federal relief dollars for rent and mortgage relief. As this year has proved, access to the Internet is not a commodity, but rather a necessity. To address this reality the Senate included nearly $50 million for broadband infrastructure grants. We also included expansive tax breaks and small business loans to protect and bring back small businesses and jobs in the coming year -- a major priority for members of the Senate Finance Committee.

Everyone has suffered during this pandemic, but especially of concern are Virginia’s children, who have been uniquely affected during their formative years. The Senate budget moves to address those concerns in order to get kids back into even better schools than the ones they left, with more support and a higher chance at life-long success. We increased salaries for hard-working educators, and also allocated significant dollars in order to add three additional support staff (including mental health counselors and nurses) per 1,000 students statewide. We also increased per-pupil funding for the Virginia Preschool Initiative to level the playing field, so that disadvantaged early learners have a better shot at success.

Despite economic struggles, I am glad that the Senate did not adhere to austerity economics as was done during the 2008 financial crisis. This legislative session has been one to address needs, not wants, and I am glad to support a budget that addressed those needs aggressively and responsibly. With the funds allocated in this year's budget, Virginia will recover.