Description
Title: To amend Ord. No. 2025-057, adopted May 12, 2025, which adopted the Fiscal Year 2025-2026 General Fund Budget and made appropriations pursuant thereto, by transferring $50,000.00 from the Outside Agencies and Central Appropriations agency Reserve for Council Amendment line item and appropriating such transferred funds to the Outside Agencies and Central Appropriations agency Presbyterian Homes & Family Services, Inc. line item for the purpose of providing funding to support a family crisis fund.
Summary
On February 9, 2026, the City of Richmond introduced Ordinance No. 2026-036 to amend the previously adopted Fiscal Year 2025-2026 General Fund Budget. This ordinance reallocates $50,000 from the "Reserve for Council Amendment" line item to Presbyterian Homes & Family Services, Inc. The funding will support a Family Crisis Fund, aimed at assisting residents facing financial hardships. This amendment aligns with the city's strategic initiatives to enhance community well-being and family stability. The ordinance is set for a public hearing on February 23, 2026, and has been approved for form and legality by the City Attorney. The fiscal impact of this transfer is stated to be neutral.