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To amend Ord. No. 2025-057, adopted May 12, 2025, which adopted the Fiscal Year 2025-2026 Special Fund Budget and made appropriations thereto, by transferring $5,800,000.00 from the “Delinquent Tax Sales” special fund, and to amend Ord. No. 2025-057, adopted May 12, 2025, which adopted the Fiscal Year 2025-2026 General Fund Budget, by (i) creating a new line item in the Outside Agencies and Central Appropriations agency called “Restitution Payments,” and (ii) appropriating such transferred funds to such new line item in the Outside Agencies and Central Appropriations agency for the purpose of providing funding for a restitution payment pursuant to Va. Code § 8.01-195.13.
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THE CITY OF RICHMOND HEREBY ORDAINS:
§ 1. That Article I, Section 2 of Ordinance No. 2025-057, adopted May 12, 2025, which adopted a Special Fund Budget for the fiscal year commencing July 1, 2025, and ending June 30, 2026, and made appropriations pursuant thereto, is hereby amended by transferring funds in the amount of $5,800,000.00 from the “Delinquent Tax Sales” special fund for the purpose of providing funding for a restitution payment pursuant to Va. Code § 8.01-195.13.
§ 2. That Article I, Section 1 of Ordinance No. 2025-057, adopted May 12, 2025, which adopted a General Fund Budget for the fiscal year commencing July 1, 2025, and ending June 30, 2026, and made appropriations pursuant thereto, is hereby amended by (i) creating a new line item in the Outside Agencies and Central Appropriations agency called “Restitution Payments” and (ii) appropriating the funds in the amount of $5,800,000.00 transferred by section 1 of this ordinance to such new line item in the Outside Agencies and Central Appropriations agency for the purpose of providing funding for a restitution payment pursuant to Va. Code § 8.01-195.13.
§ 3. This ordinance shall be in force and effect upon adoption.