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City finance director warns federal funding shifts could affect FY 2026 budget
Summary
Virginia Lovell, Director of Finance for the City of Newport News, told the city council on April 8 that changes at the federal level could affect the FY 2026 operating and capital budgets, particularly grants that fund human services, public-housing maintenance, public-safety equipment and transportation projects.
Virginia Lovell, Director of Finance for the City of Newport News, told the city council on April 8 that changes at the federal level could affect the city's FY 2026 operating and capital budgets.
Lovell said the new administration has issued a large number of executive orders and an early Office of Management and Budget memo that briefly proposed a temporary freeze on federal financial awards. "Ultimately that order was challenged in court and rescinded, but the federal administration continues to signal their intent, to pause or eliminate funding for programs that don't align with the president's priorities," she said.
The nut graf: Lovell framed the potential exposure quickly: major programs that supply federal dollars to Newport News' operations include Health and Human Services, USDA, HUD, the Department of Justice and FEMA; DOT funding supports most street and bridge capital…
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