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Richmond Parks board tables 2026 budget after controller finds cash shortfall; approves higher 2026 facility rates
Summary
The Richmond Parks and Recreation Board voted to table the department's proposed 2026 budget to Sept. 11 after the city controller identified a budget error that created a cash shortfall. The board separately approved revised 2026 facility rates, increasing some indoor rental rates by $20 instead of the $15 previously discussed.
The Richmond Parks and Recreation Board on Thursday voted to table consideration of the department's proposed 2026 budget until the board's Sept. 11 meeting after Tracy McGinnis, the city controller, told the board an accounting error left the parks fund with a multi-hundred-thousand-dollar shortfall.
McGinnis said the error "took the cash balance or the projected cash balance for the 2204 account to a negative $600,000. We have worked today to bring that down. We're down to about negative $200,000 right now," and said staff is continuing work to balance the fund before it goes to council.
The controller and department staff attributed the shortfall in part to state changes and delayed state information: McGinnis referenced implementation of "SB1" and said the city has not yet…
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