Approve payment schedule for former redevelopment agency debts

Redevelopment Agency DebtsBudget

In Plain English

Richmond's redevelopment agency was dissolved by the state in 2012, but the city still pays off its old debts through property tax revenue. This schedule lists which debts get paid from July 2024 through June 2025. Any leftover money goes back to local schools, county, and other agencies instead of Richmond.

Auto-generated summary. Source: official agenda documents.