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To amend the Fiscal Year 2026-2027 General Fund Budget by (i) re-appropriating $3,168,000.00 from the Fiscal Year 2025-2026 General Fund Committed Fund Balance to the Fiscal Year 2026-2027 Operating Budget, (ii) creating a new line item in the Outside Agencies and Central Appropriations agency entitled "Presbyterian Homes and Family Services, Inc.," and (iii) appropriating such $3,168,000.00 to such new line item and to existing Outside Agencies and Central Appropriations agency Central Virginia Legal Aid Society, Inc., Freeze Program, and Southside Community Development and Housing Corporation line items, all for the purpose of funding active housing cost relief initiatives serving City residents.
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THE CITY OF RICHMOND HEREBY ORDAINS:
? 1. That the General Fund Budget for the fiscal year commencing July 1, 2026, and ending June 30, 2027, is hereby amended by:
(a) Re-appropriating funds in the amount of $3,168,000.00 from the General Fund Committed Fund Balance for the fiscal year commencing July 1, 2025, and ending June 30, 2026, to the Fiscal Year 2026-2027 Operating Budget;
(b) Creating a new line item in the Outside Agencies and Central Appropriations agency entitled "Presbyterian Homes and Family Services, Inc.;" and
(c) Appropriating such funds in the amount of $3,168,000.00 to the Outside Agencies and Central Appropriations agency line items as follows:
(1) Central Virginia Legal Aid Society, Inc......................$700,000.00
(2) Freeze Program.....................................................$468,000.00
(3) Presbyterian Homes and Family Services, Inc................$1,000,000.00 and;
(4) Southside Community Development and Housing Corporation.....................................................................................$1,000,000.00,
all for the purpose of funding active housing cost relief initiatives serving City residents.
? 2. This ordinance shall be in force and effect upon adoption.
O&R REQUEST
DATE: June 10, 2026 ...
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