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File #: ORD. 2021-044    Version: 1 Name:
Type: Ordinance Status: Regular Agenda
File created: 3/5/2021 In control: City Council
On agenda: 5/24/2021 Final action:
Title: To adopt the Debt Service Fund Budget for the fiscal year commencing Jul. 1, 2021, and ending Jun. 30, 2022, and to appropriate the estimated expenditures from the Debt Service Fund for the said fiscal year.
Patrons: Mayor Stoney
Attachments: 1. Ord. No. 2021-044

Title

To adopt the Debt Service Fund Budget for the fiscal year commencing Jul. 1, 2021, and ending Jun. 30, 2022, and to appropriate the estimated expenditures from the Debt Service Fund for the said fiscal year.

Body

THE CITY OF RICHMOND HEREBY ORDAINS:

§ 1.                     That the designated Debt Service Fund Budget for the fiscal year commencing July 1, 2021, and ending June 30, 2022, attached to this ordinance, is hereby adopted and made part of this ordinance.

§ 2.                     That the sum of $89,929,552 is hereby appropriated from the receipts of the Debt Service Fund to pay the estimated debt service costs.

                     § 3.                     This ordinance shall be in force and effect as of July 1, 2021.