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Finance director presents FY2026 budget amendment; first reading highlights capital and one-time adjustments
Summary
On first reading of Ordinance 26‑12, the city presented amended FY2026 budget totals (General Fund resources $73,332,004; appropriations $54,060,893) and identified major items including a $2.207M fee allocation, a $162,000 transfer for road projects, police overtime, and a $70,000 additional general‑fund payment tied to a new appraisal on a men's rehab purchase (80/20 grant match).
At first reading the Richmond City Board of Commissioners reviewed Ordinance 26‑12, an amendment to the FY2026 budget that the finance director read into the record. The ordinance presented summary totals and several notable line items that staff said required adjustment.
Key numbers read by Finance Director Sharon Kane included General Fund total resources of $73,332,004, appropriations of $54,060,893 and an estimated ending General Fund balance of $19,271,111. Other funds shown:…
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