We read stories in the Virginia Gazette and Daily Press about Colonial Williamsburg operating at a loss, year to year, and continuing to want bail out money from taxpayers in the form of the now infamous “Tommy Tax” along with grants from the City of Williamsburg. But what will cause real change within the organization? […]
WJCC School Budget Needs Streamlining
With a 10% budget cut looming for James City County due to the Governor’s shutdown, there are many people clamoring to get their fair share of relief funds. One group that has been extremely vocal about their budget shortfall is WJCC schools. 52% of the taxes collected by James City County goes towards the public […]
No Tax Break for Your Closed Business
A question was posed at the James City County budget meeting on April 23rd. Can businesses who have been forced to close be given a tax break since they haven’t been able to make money? The answer from the County Administrator was “No”. In fact, he said, “It’s important for the County to continue to […]
Take some of that Tourism Fund money and pay tourism employees
You can imagine the frustration of local workers who have been laid off due to the Governor’s mandated shutdown of non-essential businesses. But what is non-essential about providing for your family? Just ask any of the hairdressers, restaurant works, professional services or any other employee who has seen their pay cut or even been furloughed. […]
It’s that time of year again . . .
January and February are some of the most stressful times for small business owners. It’s tax time and they have to spend hundreds of dollars paying tax professionals to file their business tax return, not to mention the countless hours taken away from their core business preparing the documents needed to file. What most WJCC […]
CultureFix – The new beneficiary of the Tommy Tax
The extra 1% sales tax all residents of the Historic Triangle are now paying may not seem like a lot of money. But to read the actual income produced by this tax is staggering. In an article from the Virginia Gazette: “In December, the Tourism Council approved a $8.5 million budget for 2019. The Tourism […]