Review mid-year budget report for fiscal year 2021-22

Mid-Year Budget ReportBudget

In Plain English

City staff presents a routine progress report on how much money the city spent and earned halfway through the 2021-22 budget year. The report compares actual spending to planned amounts across all city departments and capital projects. This helps the council track whether the city stays within its approved budget.

Auto-generated summary. Source: official agenda documents.

Votes

To adopt said resolution approving the mid-year budget adjustments with the understanding that the $4.2 million that was utilized from the reserves for the Richmond Housing Authority write-off should have been brought to the council before such a decision was made and should not happen in the future; the $1.3 million for Reimagining Public Safety from the reserves be corrected to state that it came from the 'excess' funds from the previous fiscal year 2020-2021; and clarification in the resolution or statement for the mid-year budget adjustments on what the funding source was for the $2.3 million the council previously voted to utilize for employee lump sum payments. The motion was withdrawn to allow staff more time to update documents to meet the council's expectations

Moved by: Councilmember McLaughlinSeconded by: Councilmember Johnson III
Failed