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Meeting Name: Finance and Economic Development Standing Committee Agenda status: Final
Meeting date/time: 2/17/2022 1:00 PM Minutes status: Final  
Meeting location: Council Chamber, 2nd Floor – City Hall Virtual Meeting
Published agenda: Agenda Agenda Published minutes: Not available Meeting Extra1: Approved Minutes Approved Minutes  
Meeting video: eComment: Not available  
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
CD.2022.039 1  Council Document January 20, 2022 Finance & Economic Development Meeting Minutes   Action details Not available
ORD. 2021-189 11. OrdinanceTo provide for the crediting of receipts of business, professional, and occupational taxes in excess of $32,713,958.00 during Fiscal Year 2021-2022 to a special reserve assigned to support the reduction of business, professional, and occupational taxes applicable to certain businesses.recommended for continuance   Action details Not available
ORD. 2021-369 12. OrdinanceTo repeal City Code § 12-46, concerning the disposition of revenues derived from the expiration of partial exemptions from real estate taxation and from certain sales of tax delinquent properties, and to amend City Code § 26-104, concerning the duties of the City Assessor, providing for the accounting of certain real estate tax revenues arising from the phased reduction, expiration, and termination of certain partial exemptions from real estate taxation in such a manner as to facilitate the City Council’s future appropriation of those revenues to the Affordable Housing Trust Fund concerning disposition of revenues derived from the expiration of partial exemptions from real estate taxation, for the purpose of facilitating an alternate method of funding the Affordable Housing Trust Fund annually.recommended for continuance   Action details Not available
ORD. 2022-013 13. OrdinanceTo amend City Code § 12-12, concerning the form of budget submitted to Council, for the purpose of modifying the information required to be included within the budget.recommended for continuance   Action details Not available
RES. 2022-R004 14. ResolutionTo establish the form of the annual budget pursuant to City Charter § 6.04 and City Code § 12-12.recommended for continuance   Action details Not available
RES. 2021-R090 17. ResolutionTo support and encourage the Mayor and his successors in office to propose annually a budget that includes funding in the amount of at least $10,000,000.00 for the Affordable Housing Trust Fund.recommended for continuance   Action details Not available
ORD. 2022-031 15. OrdinanceTo amend City Code § 21-40, concerning joint and cooperative procurement, to conform the City’s cooperative procurement law to the optional provisions of Va. Code § 2.2-4304.recommended for approval  Action details Not available
ORD. 2022-032 16. OrdinanceTo amend City Code §§ 26-871, concerning the establishment of annual license taxes, and 26-873, concerning exemptions to license taxes, to increase the threshold for business, professional and occupational license taxes from $100,000.00 to $250,000.00.recommended for approval  Action details Not available
RES. 2022-R007 18. ResolutionTo express the Council’s support, should the citizens of Richmond approve a second referendum for the development and operation of a resort casino, for using the revenues received as a result of the development and operation of such resort casino to provide a two-penny reduction in the City’s real estate tax rate and funding for public schools and community infrastructure. (As Amended)recommended for approval  Action details Not available
CD.2022.069 1  Council Document ARPA Quarterly Report   Action details Not available
CD.2022.070 1  Council Document February Finance Staff Report   Action details Not available