Richmond City Council /
News Release
For sharing, forwarding and posting
Tuesday,
15 May 2018
Richmond City Council establishes the FY 2019/2020 Richmond (Biennial)
Government Budget
Richmond, Virginia -
Richmond City Council last night established
a balanced, responsible and transparent Fiscal
Year 2019/2020 Richmond (Biennial) Government Budget (fiscal plan).
Richmond City Council’s annual establishment
of the Richmond Government Budget represents its most fundamental role as the
Governing Body of Richmond and serves as the foundation and ultimate act of its policymaking and stewardship over our local
government on behalf of all Richmond residents.
The Richmond City Council FY 2019/2020 Richmond Government (Biennial) Budget
(fiscal plan) includes the following highlights:
· The Richmond City Council FY 2019 Richmond Government Budget, which includes the General Fund, Capital
Improvement Plan (CIP), Special Funds, Enterprise Funds, Internal Service
Funds, Federal and State funds, and funds provided to Richmond Public Schools, is
approximately $1.7 billion, which represents a Richmond General Fund Budget of
$719,902,216.
· Richmond City Council is keeping the Richmond Real Estate Tax at
its lowest rate in decades, at $1.20 per $100 of assessed value. Council has
worked hard to ensure this rate has remained unchanged for the last 11 years.
· Invests $320.7 million in Richmond
Public Schools, which includes $169.1 million in the Richmond General Fund and
$151.6 million in the Richmond Capital Improvement Plan.
·
Richmond City
Council provided for increased financial transparency, integrity, and
accountability of the Richmond Government Budget process.
Richmond City Council sincerely appreciates
the outstanding dedication, commitment, expertise, and hard work demonstrated
throughout the budget process and particularly commends the cooperation of the City
Council staff, City Administration, and Richmond Public Schools personnel for their
unwavering efforts.
Background -
Richmond Government Budget ____________________________________
As Richmond Residents,
we pool our resources in order to own and operate our local government and
decide what public services we want to
invest in; the priority (investment levels) for these services; and, how we pay
for them. Examples of our services include the management, oversight and
delivery of such things as clean/safe water; streets/parks; laws; law
enforcement/firefighting/rescue; trash/sewage removal; public transportation;
and, our children’s education. Together, we own, operate, use, and benefit from
these services on a daily basis.
Funding for our services and enforcement
of laws comes from state, local, and federal sources, including fees and
taxes.
In order to set the investment levels we
want for these services, Richmond City Council establishes an official annual
Richmond Government Budget in May of each year for the upcoming Fiscal Year.
The Richmond Government Budget
is based on a Fiscal Year that runs July 1 to June 30 annually and the City
operates on a two-year fiscal plan (Budget) that includes the
Richmond General Fund, Richmond Capital Improvement Plan, Richmond Special
Funds, Richmond Enterprise Funds, Richmond Internal Service Funds, and the City
Government contribution to Richmond Public Schools; as well as additional state, federal, and other funds
provided to Richmond Public Schools.
The Richmond Government Budget
is typically amended annually. Thus, every year a proposed (draft) Richmond
Government Budget (Fiscal Plan) is submitted to Richmond City Council by the
Mayor, who is responsible for administering local government services. Council
then reviews, analyzes, amends, and establishes an official Richmond Government
Budget based on the priorities of Richmond Residents.
Richmond City Council budget deliberations
begin each August and intensify the following year. They include more than two
dozen public meetings, hearings, and work sessions from August through May.
The Richmond Government Budget takes the
form of Ordinances that are approved by Richmond City Council each May for an
upcoming Fiscal Year.
Richmond operates what can best
be described as a Council-Mayor form of government, with Richmond City Council
serving as the governing body and a separately elected at-large mayor providing
oversight of day-to-day administration of services through a Chief
Administrative Officer. Richmond has the only government like it in the
Commonwealth, and – compounded with Virginia cities and counties operating as separate
entities, the state's strict adherence to the "Dillon Rule", and
other major and minor differences in other locality, state, and federal laws – the
only one like it in the nation.
Richmond City Council
_________________________________________________________
MISSION
The
mission of Richmond City Council is to represent citizens in creating and
amending local laws, providing government policy and oversight, and approving
the city budget.
VISION
Richmond
City Council is committed to creating a vibrant community that is a great place
to live, work, learn, play, visit, and raise a family.
CONTACT
For more information, please contact:
Jason Hundley, Council Public Relations Specialist, at
804.646.5420 (tel) or jason.hundley@richmondgov.com (email)
2017-2020 Richmond City Council
Richmond West End
1st Voter District
The Honorable Andreas
D. Addison
Councilman, Richmond City Council, Richmond
West End 1st Voter District
Richmond North
Central 2nd Voter District
The Honorable Kimberly B. Gray
Councilwoman,
Richmond City Council, Richmond North Central 2nd Voter District
Richmond Northside
3rd Voter District
The Honorable
Chris A. Hilbert (Council
President)
Councilman,
Richmond City Council, Richmond Northside 3rd Voter District
Richmond Southwest
4th Voter District
The Honorable Kristen Nye Larson
Councilwoman,
Richmond City Council, Richmond Southwest 4th Voter District
Richmond Central
5th Voter District
The Honorable Parker C. Agelasto
Councilman, Richmond City Council, Richmond
Central 5th Voter District
Richmond Gateway
6th Voter District
The Honorable Ellen F. Robertson
Councilwoman, Richmond City Council, Richmond Gateway 6th Voter District
Richmond East End
7th Voter District
The Honorable
Cynthia I. Newbille (Council Vice
President)
Councilwoman,
Richmond City Council, Richmond East End 7th Voter District
Richmond Southside
8th Voter District
The Honorable
Reva M. Trammell
Councilwoman, Richmond City Council, Richmond Southside 8th Voter District
804.646.6591 (office tel); 804.646.6592 (desk
tel); 804.240.5050 (mobile tel); 804.233.7382 (home)
Richmond South
Central 9th Voter District
The Honorable Michael J. Jones
Councilman,
Richmond City Council, Richmond South Central 9th Voter District
Mailing Address
The Honorable _________ Councilwoman/Councilman
Richmond City Council, Full name of Richmond
Voter District
Richmond City Council Executive Offices
Richmond City Hall
900 E. Broad Street, Suite 305
Richmond, Virginia 23219 U.S.A.
Richmond
City Council - Richmond City Hall - 900 E. Broad Street, Suite 305 - Richmond,
Virginia 23219 U.S.A.
