Financial News
On Jan. 3, the Board of Supervisors authorized the use of unassigned General Fund balance from the Loudoun County Adopted Fiscal Year (FY) 2022 Budget. The $114,561,290 fund balance includes revenue collected during the fiscal year that was not anticipated and therefore not assigned to budgetary items and expenditure savings. The largest portions of the…
Read more...11/06/21 8:38 a.m. 17000 Block of Hilltop Drive Found Property A woman found a wallet in the town historic district and turned it into the Police Department. An officer was able to locate a number for the property owner, who did not realize that his wallet was missing. He responded to the Police Station…
Read more...Loudoun County Commissioner of the Revenue Robert S. Wertz Jr. is accepting applications from nonprofit organizations seeking an exemption from Loudoun County real and/or personal property taxes for the 2022 tax year. The deadline to apply for the exemption is Thursday, April 1. Most charitable nonprofit organizations are not automatically exempt from local property taxes…
Read more...After a pandemic year in which Loudoun Economic Development attracted $6.78 billion in new commercial investment and generated more than 3,500 jobs, Executive Director Buddy Rizer has been named one of Virginia Business’ 50 most influential Virginians for 2021. “Loudoun’s economic development leader is also the self-styled ‘Godfather of Data Center Alley,’ reflecting the fact…
Read more...Congresswoman Jennifer Wexton (D-VA) voted to pass the American Rescue Plan Act on Feb. 27, to deliver urgent relief to families and small businesses, who are hurting and fund the public health response to COVID-19. “The American Rescue Plan will fund a robust public health response to get us through this pandemic and deliver immediate aid…
Read more...Funding awarded on a first come, first served basis The Town of Leesburg is now accepting applications for the Pandemic Business Assistance and Recovery (P-BAR) grant. On Jan. 26, the Leesburg Town Council approved the P-BAR in order to continue to support local businesses during the COVID- 19 pandemic. A total of $500,000 has been allocated for…
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The current Loudoun County government surplus auction features a variety of items, including large passenger buses, fitness equipment CDs, DVDs, Blu-ray Discs, audio books, computers and typical office items. Featured bargains this month include MCI D4500 transit buses, Pro-gard vehicle push bars and Lebert fitness dip bars. The auction closes at 9:30 a.m., Thursday, Feb.…
Read more...Loudoun County Commissioner of the Revenue Robert S. Wertz Jr. recently issued notices of business tax filing requirements to business owners for tax year 2021. The notice provides the necessary account number to enable taxpayers to report by Monday, March 1, their calendar year 2020 gross receipts at loudoun.gov/efile. The license tax or fee can then…
Read more...Minority-owned small businesses in Loudoun County have until January 19, 2021 to apply for a new grant program from the Community Foundation for Loudoun and Northern Fauquier Counties. A total of $75,000 is available in funds through the Minority Owned Small Business Grant Program, funded by Google and Kaiser Permanente of the Mid-Atlantic States. The Community…
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The U.S. Small Business Administration, in consultation with the Treasury Department, has announced that the Paycheck Protection Program will re-open the week of Jan. 11 for new borrowers and certain existing PPP borrowers. To promote access to capital, initially only community financial institutions will be able to make First Draw PPP Loans on Monday, Jan.…
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