Please note: this meeting's minutes have not been finalized yet. Actions taken on legislation and their results are not available.

Meeting Details

Meeting Name: Finance and Economic Development Standing Committee Agenda status: Final
Meeting date/time: 10/21/2026 2:00 PM Minutes status: Draft  
Meeting location: Council Chamber, 2nd Floor – City Hall
To access the meeting via Microsoft Teams, please use the following link: https://go.rva.gov/OCT21-Finance or dial *67-804-316-9457 and enter ID: 996 253 808#
Published agenda: Agenda Agenda Published minutes: Not available Meeting Extra1: Not available  
Agenda packet: Not available
Meeting video: eComment: Not available  
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
CD.2026.282 1  Council Document September 16, 2026 - Finance and Economic Development Standing Committee Meeting Minutes    Not available Not available
ORD. 2026-297 11. OrdinanceTo amend City Code § 22-8, concerning cost-of-living adjustments, for the purpose of establishing an annual cost-of-living adjustment or supplement policy for the Richmond Retirement System, subject to appropriation by City Council.   Not available Not available
ORD. 2026-300 12. OrdinanceTo amend Ord. No. 2026-063, adopted May 11, 2026, which adopted the Fiscal Year 2026-2027 General Fund Budget and made appropriations pursuant thereto, by (i) increasing anticipated revenues from certain funds due to the City from the Greater Richmond Convention Center Authority, in accordance with an Interlocal Agreement dated Feb. 1, 2000, by $4,780,737.08, (ii) appropriating such increased revenues to the Fiscal Year 2026-2027 General Fund Budget, and (iii) transferring $4,780,737.08 from the Fiscal Year 2026-2027 General Fund Budget to the Fiscal Year 2026-2027 school budget, and to amend Ord. No. 2026-064, adopted May 11, 2026, which adopted the Fiscal Year 2026-2027 school budget and made appropriations pursuant thereto, by appropriating $4,780,737.08 of such transferred funds to the Fiscal Year 2026-2027 school budget, all for the purpose of providing funding to the City of Richmond public schools.   Not available Not available
ORD. 2026-301 13. OrdinanceTo amend City Code § 2-1526, concerning the employee first-time homebuyer’s assistance program, for the purpose of expanding eligibility to certain owners of deed-restricted or limited-equity homes purchasing their first unrestricted market-rate residence and renaming the program the employee homebuyer’s assistance program.   Not available Not available
ORD. 2026-302 14. OrdinanceTo amend City Code §§ 26-364, concerning tax relief for elderly persons and evaluation of the exemption or freeze program, and 26-365, concerning real estate tax relief for qualified permanently and totally disabled persons and evaluation of the exemption or freeze program, for the purpose of increasing certain income and financial worth eligibility thresholds and corresponding tax relief benefits and changing the deadline for filing an application for tax relief under the Elderly Persons and Persons with Disabilities Real Estate Tax Relief Program from December 31 to June 30 of the taxable year.   Not available Not available
RES. 2026-R041 15. ResolutionTo express the City Council’s support for the General Assembly’s removal of the statutory maximum applicable to local employee homeownership grants; to encourage the Administration to reevaluate the City’s Employee First-Time Homebuyer’s Assistance Program, including the maximum amount of assistance available; and to express the Council’s interest in establishing a sustainable, long-term employee homeownership assistance program.   Not available Not available
RES. 2026-R042 16. ResolutionTo request that the Chief Administrative Officer cause the Director of Finance to (i) develop an implementation plan and timeline for the administration of a one-time tax amnesty program for the tax year beginning January 1, 2027, pursuant to City Code §§ 26-21-26.29, (ii) provide to Council the report required by § 26-25, and (iii) submit such plan, timeline, and report to the Council by no later than Feb. 1, 2027.   Not available Not available
CD.2026.287 1  Council Document Disparity Study Updates    Not available Not available
CD.2026.255 1  Council Document Economic Development Portfolio Overview   Not available Not available
CD.2026.252 1  Council Document October 21, 2026 - Finance and Economic Development Board Vacancy Report   Not available Not available
CD.2026.294 1  Council Document October 21, 2026 - Finance Staff Report   Not available Not available