Approve revised Richmond Housing Authority budget reducing city subsidy by $371,456
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
7 to 0
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