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To amend Ord. No. 2024-099, adopted May 13, 2024, which adopted the Fiscal Year 2024-2025 General Fund Budget and made appropriations pursuant thereto, by increasing estimated revenues from real estate taxes by $12,000,000.00 and appropriating the increased revenues to new line items within the "Non Departmental & Central Appropriations" budget and various departments.
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THE CITY OF RICHMOND HEREBY ORDAINS:
? 1. That Ordinance No. 2024-099, adopted May 13, 2024, which adopted a General Fund Budget for the fiscal year commencing July 1, 2024, and ending June 30, 2025, and made appropriations pursuant thereto, be and is hereby amended by:
(a) Increasing estimated revenues from real estate taxes by $12,000,000.00; and
(b) Appropriating $12,000,000.00 in estimated revenues described in subsection (a) of this section to new line items within the "Non Departmental & Central Appropriations" budget and various departments, as set forth on the document entitled "Attachment 1 - General Fund Amendment," a copy of which is incorporated into a made a part of this ordinance.
? 2. That, for the avoidance of doubt, $2,000,000.00 of the estimated revenues described in subsection (a) of section 1 of this ordinance appropriated to the line item entitled "EDA for Affordable Housing Activities" within the "Non Departmental & Central Appropriations" budget, as set forth on the document entitled "Attachment 1 - General Fund Amendment," a copy of which is incorporated into a made a part of this ordinance, be and is hereby authorized to be disbursed to the Economic Development Authority of the City of Richmond to support affordable housing initiatives.
? 3. That any unexpended amounts of the appropriation for the line item entitled "Local Social Services Board (for the Gap Grant program)" within the "Non Departmental & Central Appropriations" budget, as set forth on the document entitled "Attachment 1 - General Fund Amendment," a copy of which is ...
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