Receive updates on city's 5-year budget forecast and housing authority deficit

Housing & HomelessnessBudgetFinance

In Plain English

City staff will present the latest projections for Richmond's finances through 2029, including expected revenue and spending. The presentation covers how budget cuts affect city services and overtime costs. Staff will also discuss options for addressing the Richmond Housing Authority's budget shortfall.

Auto-generated summary. Source: official agenda documents.

Votes

Motion to receive the report on the five-year budget forecast

Moved by: Councilmember WillisSeconded by: Councilmember Choi
Passed

6 to 0

Thomas K. ButtAye
Nathaniel BatesAye
Ben ChoiAye
Demnlus Johnson IIIAye
Eduardo MartinezAye
Jael MyrickAye
Melvin WillisAbsent