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To amend Ord. No. 2026-063, adopted May 11, 2026, which adopted the Fiscal Year 2026-2027 General Fund Budget and made appropriations pursuant thereto, by (i) increasing anticipated revenues from certain funds due to the City from the Greater Richmond Convention Center Authority, in accordance with an Interlocal Agreement dated Feb. 1, 2000, by $4,780,737.08, (ii) appropriating such increased revenues to the Fiscal Year 2026-2027 General Fund Budget, and (iii) transferring $4,780,737.08 from the Fiscal Year 2026-2027 General Fund Budget to the Fiscal Year 2026-2027 school budget, and to amend Ord. No. 2026-064, adopted May 11, 2026, which adopted the Fiscal Year 2026-2027 school budget and made appropriations pursuant thereto, by appropriating $4,780,737.08 of such transferred funds to the Fiscal Year 2026-2027 school budget, all for the purpose of providing funding to the City of Richmond public schools.
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THE CITY OF RICHMOND HEREBY ORDAINS:
§ 1. That Ordinance No. 2026-063, adopted May 11, 2024, which adopted a General Fund Budget for the fiscal year commencing July 1, 2026, and ending June 30, 2027, and made appropriations pursuant thereto, be and is hereby amended by:
(a) Increasing anticipated revenues from certain funds due to the City from the Greater Richmond Convention Center Authority, in accordance with an Interlocal Agreement dated February 1, 2000, by $4,780,737.08;
(b) Appropriating such increased anticipated revenues to the Fiscal Year 2026-2027 General Fund Budget; and
(c) Transferring $4,780,737.08 from the Fiscal Year 2026-2027 General Fund Budget to the Fiscal Year 2026-2027 school budget,
all for the purpose of providing funding to the City of Richmond public schools.
§ 2. That Ordinance No. 2026-064, adopted May 11, 2026, which adopted the school budget for the fiscal year commencing July 1, 2026, and ending June 30, 2027, and made appropriations pursuant thereto, be and is hereby amended by appropriating funds in the amount of $4...
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