Description
Title: To adopt the annual budget, which includes all of the separate current expense budgets for the general operation of the City government and for each utility as defined in ch. 13 of the City Charter and provides for increases to certain fees for the fiscal year commencing Jul.1, 2026, and ending Jun. 30, 2027, and to appropriate the estimated revenues for such fiscal year for the objects and purposes stated in such budget.
Summary
The City of Richmond introduced Ordinance No. 2026-063 on March 11, 2026, to adopt the annual budget for fiscal year 2026-2027, totaling approximately $1.1 billion. This budget includes allocations for various city departments, outside agencies, and utility services, while also increasing certain fees. Key components include $1,099,079,826 for the General Fund, which supports essential services like public safety, health, and education, and $174,697,816 for special funds, which cater to specific community needs. The budget emphasizes fiscal responsibility and outlines the appropriation of revenues from various sources. The public hearing for this ordinance is scheduled for March 23, 2026, at