Set $554.6 million spending limit for fiscal year 2025-26
Resolution 80-25
In Plain English
California law requires cities to set annual spending limits based on 1978-79 amounts adjusted for population and cost of living changes. Richmond calculated its limit using Contra Costa County's population growth and state income changes. The limit prevents the city from exceeding $554.6 million in certain types of spending next fiscal year.
Auto-generated summary. Source: official agenda documents.
Votes
Approve consent calendar
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