Set legal spending limit for city budget year 2019-20
Resolution 58-19
In Plain English
State law requires cities to calculate a maximum amount they can spend each year based on population and inflation. Richmond must formally approve this spending ceiling before adopting its annual budget. The limit protects taxpayers by preventing excessive government growth.
Auto-generated summary. Source: official agenda documents.
Community Discussion
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The Story So Far
10 prior discussions on this topic
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