Approve revised Richmond Housing Authority budget reducing city subsidy by $371,456

Housing & HomelessnessBudget

In Plain English

The Richmond Housing Authority needs to adjust its 2021-22 budget to balance $4.7 million in revenues and expenses. The changes reduce the city's required subsidy from $1.1 million to $770,372. If approved, the city saves $371,456 in General Fund money that supports public housing operations.

Auto-generated summary. Source: official agenda documents.

Votes

Adopt joint resolution

Moved by: Vice Mayor Demnlus Johnson IIISeconded by: Councilmember McLaughlin
Passed

7 to 0

Nathaniel BatesAye
Tom ButtAye
Demnlus Johnson IIIAye
Claudia JimenezAye
Eduardo MartinezAye
Gayle McLaughlinAye
Jaycine ScottAye
Melvin WillisAbsent