Virginia DMV Faces $16M Shortfall: Fees Could Rise - NBC4 Washington

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Virginia DMV Faces $16M Shortfall: Fees Could Rise



    Virginia DMV Faces $16M Shortfall: Fees Could Rise
    AP Photo/Susan Walsh, File
    In this May 22, 2012, file photo, a side mirror warning signal on a Ford Taurus is seen at an automobile testing area in Oxon Hill, Md. Safety systems to prevent cars from drifting into another lane or warn drivers of vehicles in their blind spots are beginning to live up to their potential to significantly reduce crashes, according to two studies released Wednesday, Aug. 23, 2017.

    Virginia's Department of Motor Vehicles is facing an estimated operating shortfall of more than $16 million.

    The Richmond Times-Dispatch reported Monday that Virginians could see an increase in fees as a result.

    DMV Commissioner Richard Holcomb told the House Appropriations Committee that one solution is to raise prices on vehicle titles, registration and driver's licenses.

    Another idea is to allow the DMV to keep more of the money it collects for the departments of transportation and health.

    Holcomb also told the commission that the DMV lacks sufficient funds to operate even though it collects billions of dollars for the state.

    The DMV is a high-profile customer-service agency with wide-ranging responsibilities. They include the impending implementation of the federal Real ID law for enhanced security of driver's licenses and other identification.