Set legal spending limit for city budget year 2010-11
Resolution 69-10
In Plain English
State law requires cities to set an annual cap on how much they can spend from taxes and fees. This formal decision establishes Richmond's maximum spending limit for the 2010-11 budget year. The limit helps ensure the city cannot increase spending beyond what state formulas allow based on population and inflation.
Auto-generated summary. Source: official agenda documents.
Votes
Approve consent calendar
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