Get Report On The Comparative Revenue Capacity, Revenue Effort, And ... - Dhcd Virginia

This guide provides clear, user-friendly instructions for completing the Report on the Comparative Revenue Capacity, Revenue Effort, and Fiscal Stress of Virginia's Counties and Cities. By following these steps, you will ensure accurate and thorough reporting for your jurisdiction.

Follow the steps to successfully complete the online form.

1. Click the ‘Get Form’ button to access the document and open it for editing.
2. Begin with the revenue capacity section. Input accurate data for your county or city's revenue capacity per capita based on the most recent available statistics. Make sure to reference the provided tables for accuracy.
3. Proceed to the revenue effort section. Calculate the jurisdiction’s revenue effort by dividing actual revenues by potential revenues, reflecting the locality's ability to utilize its revenue generating capacity.
4. Next, complete the fiscal stress measurement. Gather data on revenue capacity, revenue effort, and median adjusted gross income to populate the fiscal stress index.
5. Review all entries for accuracy and completeness. Verify that the statistics used align with the most recent years reported in the document.
6. Once satisfied with all entries, save your changes. You can then opt to download, print, or share the completed form.

Complete your reports online to contribute to a clear understanding of fiscal conditions in Virginia.