Local governments aren’t likely to escape the pain when the General Assembly attempts to eliminate an estimated $3.5 billion hole in the next two-year budget.

Virginia transportation officials say they will have to slice $851.5 million out of Virginia’s six-year transportation plan, which has already been hit with $3.7 billion in cuts since the spring of 2008.

The bad economy will result in another $250 million to $300 million budget shortfall for the fiscal year ending June 30, House of Delegates money committees were told Tuesday.

The state of Virginia, which already has had to cut $6 billion from the two-year budget ending June 30, 2010, may have to cut $250 million to $300 million, the House Appropriations Committee was told today.

Gov. Timothy M. Kaine said today his budget team is well into its work to cut the fiscal 2010 budget to balance spending as the state faces an expected $1.5 billion revenue shortfall.

Speaker of the House William J. Howell, R-Stafford, called today for the House Ethics Advisory Panel to investigate the conduct of Del. Phillip A. Hamilton, R-Newport News.

Governor Timothy M. Kaine today released the state’s official revenue forecast in a speech to the Joint Money Committees. Here are his prepared remarks.

Legislative leaders say Gov. Tim Kaine plans to cut Virginia’s cash-strapped budget by about $1.3 billion.

A change of guard at the state’s embattled info-tech department could come as soon as Thursday.

Virginia’s new Statewide Agencies Radio System is over budget and behind schedule, in part because of poor planning, the House Appropriations Committee was told today.

The state’s revenue numbers from May are in, and things are worse than officials thought they would be.

The Kaine administration put a hopeful face on a 9.3 percent revenue plunge in addressing legislative budget writers Tuesday.

Here’s one controversy on which all four candidates for governor agree: Keep Guantanamo Bay prisoners out of Virginia.

State officials want to take the sex out of texting.

Del. Jeffrey M. Frederick is not going down as state Republican Party chairman without a fight.