Approve annual spending limit required by state law
In Plain English
California law requires cities to set a maximum spending limit each year based on inflation and population growth. The city calculated this year's limit according to the state formula. If approved, Richmond can spend up to this amount from tax revenues without voter approval.
Auto-generated summary. Source: official agenda documents.
Votes
Adopt Resolution No. 54-18 approving the fiscal year 2018-19 Appropriations Limit
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