Hotel tax revenues down

By most measures, Loudoun County is booming. Housing sales, property values and building permits are up. Unemployment is relatively low, at about 4.4 percent, and Loudoun recently topped the U.S. Census Bureau’s list of the wealthiest county in the nation. But one key economic indicator is down, and the corresponding shortfall in tax revenue has county officials trying to figure out how to cover the cost of some economic development programs.

Washington Post, January 22, 2014

County IT system upgrade is 65% over budget

More than four years after Loudoun County embarked on a major upgrade of its aging financial management systems, the price tag for the overhaul has swelled by about 65 percent more than the amount initially budgeted for the project.

The Post’s Tom Jackman also comments on the story.

Washington Post, December 16, 2013