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Richmond commissioners present revised FY2026 budget in first reading
Summary
The Richmond City Board of Commissioners on its fourth‑Tuesday meeting received a revised first reading of Ordinance 25‑18, the fiscal year 2026 budget; finance director reported fund balances and appropriations and commissioners set a special call for the second reading.
The Richmond City Board of Commissioners took up Ordinance 25‑18, the fiscal year 2026 budget, in a revised first reading at its regular evening meeting.
Finance Director Sharon summarized the highlights of three major funds, saying the general fund showed an estimated balance carried forward of $20,000,000, revenues of $44,661,200, state and federal funds of $670,804, total resources of $65,332,004, appropriations of $49,906,845 and an estimated…
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