https://richmondva.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=4228141&GUID=AE4069F1-EEE6-4F79-9C9C-F88B3E3BCF0FLegistar15https://richmondva.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=4228141&GUID=AE4069F1-EEE6-4F79-9C9C-F88B3E3BCF0FAE4069F1-EEE6-4F79-9C9C-F88B3E3BCF0F-2025-05-02-15-04-10Title: To amend Ord. No. 2019-041, adopted May 13, 2019, which adopted the Fiscal Year 2019-2020 General Fund Budget and made appropriations pursuant thereto, by re-appropriating $6,200,000.00 of the Fiscal Year 2018-2019 fund balance excess assigned to the 2019 Cost of Living Adjustment for City Retirees Reserve established by Ord. No. 2019-272, adopted Oct. 28, 2019, and $763,640.00 of the Fiscal Year 2018-2019 fund balance excess assigned to the 2019 Richmond Retirement System Unfunded Liability Reduction Reserve established by Res. No. 2019-R061, adopted Oct. 28, 2019, and to appropriate these funds to the Fiscal Year 2019-2020 General Fund Budget by increasing estimated revenues and the amount appropriated to the Richmond Retirement System by $6,963,640.00 for the purpose of providing a one-time, one- percent cost of living adjustment for each member of the Richmond Retirement System who began receiving a retirement allowance on or before Jan. 1, 2019, and reducing the unfunded liability of the Richmond Retirement System.Fri, 02 May 2025 15:04:10 GMT