File #: ORD. 2024-128    Version: 1 Name:
Type: Ordinance Status: Adopted
File created: 5/6/2024 In control: City Council
On agenda: 5/13/2024 Final action: 5/13/2024
Title: 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 increasing revenues from estimated interest income by $9,000,000.00, to appropriate a portion of such estimated interest income to various City departments and certain non-departmental agencies, to create certain new line items in the Non-departmental agency, and appropriate such estimated interest income revenue thereto for the purpose of funding certain City departments and nonprofit initiatives.
Patrons: Mayor Stoney
Attachments: 1. Ord. No. 2024-128
title
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 increasing revenues from estimated interest income by $9,000,000.00, to appropriate a portion of such estimated interest income to various City departments and certain non-departmental agencies, to create certain new line items in the Non-departmental agency, and appropriate such estimated interest income revenue thereto for the purpose of funding certain City departments and nonprofit initiatives.
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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 interest income by $9,000,000.00.

? 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) Appropriating a portion of the estimated interest income revenue referenced in section 1 of this ordinance for the fiscal year commencing July 1, 2023, and ending June 30, 2024, to the following City departments, agencies, and existing non-departmental agency in the following amounts:
City Attorney's Office $150,000.00
Department of Economic Development $1,500,000.00
Office of the Deputy Chief Administrative Officer For Human services ... $200,000.00
Department of Procurement Services $50,000.00
Department of Public Works $1,580,000.00
Office of the General Registrar $646,844.00
Office of Minority Business Development $100,000.00
Non-departmental:
Better Housing Coalition. $40,000.00
Challenge Discovery Projects, Inc $85,000.00
ChildSavers- Memorial Child Guidance Clinic. $85,000.00
Communities in Schools of Richmond, Inc. . $100,000.00
Presb...

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