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To amend Ord. No. 2022-055, adopted May 9, 2022, which adopted the Fiscal Year 2022-2023 General Fund Budget and made appropriations pursuant thereto, to (i) transfer $250,000.00 from the Non-Departmental agency, Reserve for Children’s Fund line item (ii) create a new line item entitled “YWCA Richmond (for Sprout School - Oregon Hill)” in the Non-Departmental agency, and (iii) appropriate such $250,000.00 to such new line item in the Non-Departmental agency, for the purpose of funding capital costs for a new Sprout School for early childhood education in the Oregon Hill neighborhood.
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THE CITY OF RICHMOND HEREBY ORDAINS:
§ 1. That Ordinance No. 2020-055, adopted May 9, 2022, which adopted a General Fund Budget for the fiscal year commencing July 1, 2022, and ending June 30, 2023, and made appropriations pursuant thereto, is hereby amended by
(a) Transferring $250,000.00 from the Non-Departmental agency, Reserve for Children’s Fund line item for the fiscal year commencing July 1, 2022, and ending June 30, 2023;
(b) Creating a new line item in the Non-Departmental agency entitled “YWCA Richmond (for Sprout School - Oregon Hill);” and
(c) Appropriating the funds in the amount of $250,000.00 transferred by subsection (a) of this section to the new line item in the Non-Departmental agency created by subsection (b) of this section entitled “YWCA Richmond (for Sprout School - Oregon Hill)” for the purpose of funding capital costs for a new Sprout School for early childhood education in the Oregon Hill neighborhood.
§ 2. This ordinance shall be in force and effect upon adoption.