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Please note: this meeting's minutes have not been finalized yet. Actions taken on legislation and their results are not available.
Meeting Name: Finance and Economic Development Standing Committee Agenda status: Final
Meeting date/time: 9/17/2025 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/FINANCE-SEPT17 or dial *67-804-316-9457 and enter ID: 231 553 034#.
Published agenda: Agenda Agenda Published minutes: Not available Meeting Extra1: Not available  
Meeting video: eComment: Not available  
Attachments:
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CD.2025.262 1  Council Document July 16, 2025 - Finance and Economic Development Standing Committee Meeting Minutes   Not available Not available
ORD. 2025-100 11. OrdinanceTo amend City Code § 12-12, concerning the form of the budget submitted to Council, to require publication of a side-by-side comparison with the mayor’s proposed budget submission with agency-level budget request documents and to amend ch. 12, art. I of the City Code by adding therein a new section 12-25, concerning publication of agency-level budget requests, for the purpose of requiring submission of agency-level budget request documents.   Not available Not available
ORD. 2025-187 12. OrdinanceTo approve the Work Plan and Budget for the fiscal year ending June 30, 2026, for the provision of services in the Downtown Special Service and Assessment Districts.   Not available Not available
ORD. 2025-204 13. OrdinanceTo authorize the Chief Administrative Officer, for and on behalf of the City of Richmond, to execute an Amendment I: Extension of Project Period between the City of Richmond and the National Recreation and Park Association for the purpose of supporting the ongoing implementation of the Mentoring Opportunities for Youth Initiative project.   Not available Not available
ORD. 2025-205 14. OrdinanceTo authorize the Chief Administrative Officer, for and on behalf of the City of Richmond, to accept funds in the amount of $125,000.00 from the Virginia Department of Criminal Justice Services and to amend the Fiscal Year 2025-2026 Special Fund Budget by increasing estimated revenues and the amount appropriated to the Department of Justice Services’ Help Me Help You Program Special Fund by $125,000.00 for the purpose of funding the Help Me Help You program.   Not available Not available
ORD. 2025-206 15. OrdinanceTo amend Ord. No. 2025-057, adopted May 12, 2025, which adopted the Fiscal Year 2025-2026 Special Fund Budget and made appropriations pursuant thereto, by (i) increasing anticipated revenues from certain funds due to the City from the Virginia Department of Taxation , in accordance with Va. Code § 58.1-1748 and Ord. No. 2025-099, adopted Jun. 2, 2025, by $200,000.00; (ii) creating a new special fund for the Office of Sustainability called the “Disposable Plastic Bag Tax Special Fund;” and (iii) appropriating the increase to the Fiscal Year 2025-2026 Special Fund Budget by increasing the estimated revenues and the amount appropriated to the Office of Sustainability’s “Disposable Plastic Bag Tax Special Fund” by $200,000.00, all for the purpose of funding local environmental cleanups, education programs designed to reduce environmental waste, pollution and litter mitigation, and providing reusable bags to recipients of the Supplemental Nutrition Assistance Program or Women, Infants, and Children Program benefits.   Not available Not available
ORD. 2025-207 16. OrdinanceTo amend City Code § 26-355, concerning the levy of tax on real estate, to establish a tax rate of $1.20 for the tax year beginning Jan. 1, 2026, pursuant to Va. Code § 58.1-3321(b), and increasing such rate from the Rolled Back Tax Rate of $1.146 as computed in accordance with Va. Code § 58.1-3321(a).   Not available Not available
ORD. 2025-208 17. OrdinanceTo amend City Code § 26-355, concerning the levy of tax on real estate, to establish a tax rate of $1.16 for the tax year beginning Jan. 1, 2026, pursuant to Va. Code § 58.1-3321(b), and increasing such rate from the Rolled Back Tax Rate of $1.146 as computed in accordance with Va. Code § 58.1-3321(a).   Not available Not available
RES. 2025-R040 18. ResolutionTo express the Council’s acceptance of the findings of the MGT Performance, City of Richmond, Virginia Minority Business Enterprise, 2023 Disparity Study and to request that the Chief Administrative Officer cause the Office of Minority Business Development to (i) develop and implement a comprehensive plan of action based on the recommendations of such disparity study to promote equity in the City’s procurement practices and (ii) conduct a comprehensive minority business enterprise disparity study every five years beginning in Fiscal Year 2026-2027.   Not available Not available
CD.2025.263 1  Council Document September 17, 2025 - Finance and Economic Development Board Vacancy Report   Not available Not available