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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, to (i) increase General Fund revenues by an amount equal to ten percent of the calculated general fund surplus for the Fiscal Year 2022-2023, (ii) create a new line item entitled "HumanKind" in the Non-Departmental Agency, and (iii) appropriate such amount to such new line item in the Non-Departmental agency, for the purpose of providing additional funding for families of the city of Richmond experiencing crisis.
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THE CITY OF RICHMOND HEREBY ORDAINS:
? 1. 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) Increasing General Fund revenues by an amount equal to ten percent of the calculated general fund surplus for the fiscal year commencing July 1, 2022, and ending June 30, 2023, as "calculated general fund surplus" is defined by section 12-241 of the Code of the City of Richmond (2020), as amended, and in accordance with subsection (a)(3) of section 12-242 of the Code of the City of Richmond (2020), as amended;
(b) Creating a new line item in the Non-Departmental agency entitled "HumanKind;" and
(c) Appropriating the funds identified in subsection (a) of this section to the new line item in the Non-Departmental agency created by subsection (b) of this section entitled "HumanKind" for the purpose of providing additional funding for families of the city of Richmond experiencing crisis.
? 2. This ordinance shall be in force and effect upon the date of the letter of transmittal included in the City's Annual Comprehensive Financial Report for the fiscal year commencing July 1, 2022, and ending June 30, 2023.
O&R Transmittal
DATE: September 28, 2023
TO: The Honorable...
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