Hire National Resource Network to create 5-year budget forecasting model
In Plain English
The city wants to contract with National Resource Network to build a tool that predicts city finances over the next 5 years. The total contract costs $110,000, but Richmond only pays $27,500. If approved, the city gets better long-term budget planning capabilities.
Auto-generated summary. Source: official agenda documents.
Votes
Authorized the City Manager to execute a contract with National Resource Network
5 to 0
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