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To approve the Work Plan and Budget for the fiscal year ending June 30, 2027, for the provision of services in the Downtown Special Service and Assessment Districts.
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THE CITY OF RICHMOND HEREBY ORDAINS:
§ 1. That the Work Plan and Budget for the fiscal year ending June 30, 2027, for the provision of services in the Downtown Richmond Special Service and Assessment Districts and their overlay districts, as attached to this ordinance, are hereby approved.
§ 2 This ordinance shall be in force and effect upon adoption.
DATE: May 1, 2026
TO: The Honorable Members of City Council
THROUGH: The Honorable Ellen Robertson, Councilmember 6th District
THROUGH: RJ Warren, Council Chief of Staff
THROUGH: Will Perkins, Senior Legislative Services Manager
FROM: Whitney Brown, Policy Analyst
RE: To approve the Work Plan and Budget for the fiscal year ending June 30, 2027, for the provision of services in the Downtown Special Service and Assessment Districts.
CNL-2026-0037
PURPOSE: Ordinance to approve the Work Plan and Budget for the fiscal year ending June 30, 2027 for the provision of services in the Downtown Richmond Special Service and Assessment Districts.
BACKGROUND: The patron requests an ordinance to approve the Work Plan and Budget for the fiscal year ending June 30, 2027, for the provision of services in the Downtown Richmond Special Service and Assessment Districts. Attached are the FY 27 budget and Work Plan.
Venture Richmond is under contract with the City to manage the Downtown Special Assessment Districts and submits an annual Work Plan and Budget to City Council. Upon approval of this plan, by ordinance, Venture Richmond will implement programs for the Service Districts, through June 30, 2027. Venture Richmond provides management of the Clean and Safe Program, provides marketing services; produces various downtown events; is the property manager for the Riverfront Overlay District; and provides a variety of services including the canal cruises.
COMMUNITY ENGAGEMENT: N/A
STRATEGIC INITATIVES AND OTHER GOVERNMENTAL: N/A
FISCAL IMPACT: Funding is included in the FY 27 amended budget for this purpose.
DESIRED EFFECTIVE DATE: Upon adoption
REQUESTED INTRODUCTION DATE: May 11, 2026
CITY COUNCIL PUBLIC HEARING DATE: May 26, 2026
REQUESTED AGENDA: Consent
RECOMMENDED COUNCIL COMMITTEE: Finance & Economic Development
AFFECTED AGENCIES: City Council
RELATIONSHIP TO EXISTING ORD. OR RES.: None
ATTACHMENTS: “Venture Richmond - Service Districts Consolidated Budget Budget FY2026-FY2027”
STAFF: Whitney Brown, Policy Analyst, (804-646-3765)