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Chesterfield raises BPOL tax threshold as counties adopt FY22 budgets

Chesterfield raises BPOL tax threshold as counties adopt FY22 budgets
April 19, 2021 1
Chesterfield County increased its BPOL collection threshold from $300,000 to $400,000, exempting more county businesses from the tax in a move that takes effect July 1. (
BizSense file)
Local governments across the region are progressing through their annual budget adoption season, with several spending plans already in the books aimed at supporting business and economic development.
In Chesterfield County, more businesses will be off the hook come July for the Business, Professional and Occupational License tax.
When the Chesterfield Board of Supervisors recently OK’d the county’s fiscal year 2022 budget, supervisors also endorsed an increase in the county’s BPOL tax exemption threshold, raising it from $300,000 to $400,000 in annual revenue effective July 1 the start of the fiscal year. ....

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Billions of development dollars go to Richmond instead of Hampton Roads | Expert column

Boston Red Sox first baseman Bill Buckner’s game ending error in the 10th inning of game 6 of the 1986 World Series was on an easy ground ball that went between his legs. Today, Hampton Roads is literally seeing billions of dollars in economic development go between its legs to Richmond. ....

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