Tuesday, May 15, 2018

Richmond City Council establishes the FY 2019/2020 Richmond (Biennial) Government Budget


Richmond City Council / News Release
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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)

Steve Skinner, Council Public Information Manager, at
804.646.6052 (tel)
or steven.skinner@richmondgov.com (email)

For Richmond Government Budget, policy and oversight, Richmond residents are invited and encouraged to contact the Councilmember representing them in their Richmond Voter District (http://eservices.ci.richmond.va.us/applications/propertysearch/Search.aspx) Contact information is as follows:

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
804.646.5935 (office tel); 804.646.5468 (fax); andreas.addison@richmondgov.com (email)
                                                                                                            
Richmond North Central 2nd Voter District
The Honorable Kimberly B. Gray
Councilwoman, Richmond City Council, Richmond North Central 2nd Voter District
804.646.6532 (office tel); 804.646.5468 (fax); kimberly.gray@richmondgov.com (email)

Richmond Northside 3rd Voter District
The Honorable Chris A. Hilbert (Council President)  
Councilman, Richmond City Council, Richmond Northside 3rd Voter District
804.646.6055 (office tel); 804.646.5468 (fax); chris.hilbert@richmondgov.com (email)

Richmond Southwest 4th Voter District
The Honorable Kristen Nye Larson
Councilwoman, Richmond City Council, Richmond Southwest 4th Voter District
804.646.5646 (office tel); 804.646.5468 (fax); kristen.larson@richmondgov.com (email) 

Richmond Central 5th Voter District
The Honorable Parker C. Agelasto
Councilman, Richmond City Council, Richmond Central 5th Voter District
804.646.5724 (office tel); 804.646.5468 (fax); parker.agelasto@richmondgov.com (email)

Richmond Gateway 6th Voter District
The Honorable Ellen F. Robertson
Councilwoman, Richmond City Council, Richmond Gateway 6th Voter District
804.646.7964 (office tel); 804.646.5468 (fax); ellen.robertson@richmondgov.com (email)

Richmond East End 7th Voter District
The Honorable Cynthia I. Newbille (Council Vice President)
Councilwoman, Richmond City Council, Richmond East End 7th Voter District
804.646.3012 (office tel); 804.646.5468 (fax); cynthia.newbille@richmondgov.com (email)

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)
804.516.8067 (mobile tel); 804.646.5468 (fax); reva.trammell@richmondgov.com (email)

Richmond South Central 9th Voter District
The Honorable Michael J. Jones
Councilman, Richmond City Council, Richmond South Central 9th Voter District
804.646.2779 (office tel); 804.646.5468 (fax); michael.jones@richmondgov.com (email) 

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.



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Richmond City Council - Richmond City Hall - 900 E. Broad Street, Suite 305 - Richmond, Virginia  23219 U.S.A.