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To amend Ord. No. 2023-071, adopted May 8, 2023, which adopted the Fiscal Year 2023-2024 General Fund Budget and made appropriations pursuant thereto, by (i) increasing revenues from estimated local sales and use, consumer utility, and admissions taxes and from permits and license fees by $5,489,264.00, (ii) reducing total appropriations by $8,069,133.00, and increasing total appropriations by $13,558,397.00, (iii) transferring funds from various agencies and non-departmental programs and appropriating the increased revenues and transferred funds to various agencies and non-departmental programs, (iv) providing for certain assignments of fund balance for the Employee Compensation Reserve Fund, and (v) requiring that certain funds appropriated to the Department of Housing and Community Development for the Fiscal Year 2023-2024 shall be expended for affordable housing efforts.
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THE CITY OF RICHMOND HEREBY ORDAINS:
? 1. That Article I, Section 1 of Ordinance No. 2023-071, adopted May 8, 2023, which adopted the General Fund Budget for the fiscal year commencing July 1, 2023, and ending June 30, 2024, is hereby amended by increasing revenues from estimated local sales and use, consumer utility, and admissions taxes and from permits and license fees by $5,489,264.00.
? 2. That Ordinance No. 2023-071, adopted May 8, 2023, which adopted a General Fund Budget for the fiscal year commencing July 1, 2023, and ending June 30, 2024, and made appropriations pursuant thereto, is hereby amended by:
(a) Reducing total appropriations by $8,069,133.00 and transferring funds from various agencies and non-departmental programs as shown on the attachment to this ordinance entitled "General Fund Amendments," a copy of which is attached to and incorporated into this ordinance.
(b) Appropriating the estimated revenues referenced in section 1 of this ordinance and the funds transferred by subsection (a) of this section for the fiscal year commencing July 1, 20...
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