Adopt annual financial policies for cash reserves, pension funding, and housing authority agreement
In Plain English
The city must annually review policies that govern emergency cash reserves, employee retirement funding, and administrative services with Richmond Housing Authority. State auditors recommended the city increase its emergency reserve target after finding fiscal risks in 2022. If approved, these policies guide financial decisions for the next 2 years.
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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