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Committee endorses release of 2023 disparity study, asks OMBD to implement recommendations
Summary
The finance committee voted to forward a resolution accepting the findings of a 2023 minority business enterprise disparity study and requesting that the Office of Minority Business Development develop and implement an action plan and conduct new disparity studies every five years beginning FY26–27.
The Richmond City Finance and Economic Development Standing Committee voted to forward resolution 20250 R40 to full council with a recommendation to approve. The resolution expresses council’s acceptance of the findings of the city’s 2023 minority business enterprise (MBE) disparity study and asks the Office of Minority Business Development (OMBD) to develop and implement a plan based on the study’s…
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