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
PassedSimilar Discussions
5 related items found by meaning
Set legal spending limits for city budget years 2015-16, 2016-17, and 2017-18
Set legal spending limit for city budget year 2016-17
Set legal spending limit for city budget year 2021-22
Set annual spending limit for 2012-13 budget year
Set annual spending limit of $521 million for city budget
The Story So Far
2 prior discussions on this topic
Richmond Government Accountability, Transparency, and Ethics Act (Richmond GATE Act) Placing a Ballot Initiative on the November 2026 Ballot to Adopt an Ordinance that Establishes an Independent Ethics Commission
Richmond Government Accountability, Transparency, and Ethics Act (Richmond GATE Act) Placing a Ballot Initiative on the November 2026 Ballot to Adopt an Ordinance that Establishes an Independent Ethics Commission
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