Attachment 1 – Draft Resolution_ Mid-Year 2022-2023
RESOLUTION NO. ________
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RICHMOND ADOPTING FISCAL YEAR 2021-22 MID-YEAR BUDGET AND ADJUSTMENTS
WHEREAS, pursuant to Section 1(b) of Article IV of the Richmond City Charter the City Manager is required to prepare an annual budget for the review and approval by the City Council; and
WHEREAS, all appropriations for the prior fiscal years shall lapse at the end of Fiscal Year 2022-2023 and any remaining amounts shall be credited against their respective fund balances except for any encumbered amounts for specific obligations outstanding at the end of said Fiscal Year; and
WHEREAS, the City Council has reviewed the proposed mid-year budget and adjustments for the Fiscal Year 2022-2023 at a public meeting on March XX, 2023.
NOW, THEREFORE, BE IT RESOLVED, that the City Council hereby adopts the FY 2022-2023 Mid-Year Budget as following for the following funds:
General Fund 214,958,475
Other Operating 38,581,380
Special Revenues 44,163,193
Capital Improvement 51,334,941
Debt Service 21,612,086
Enterprise 109,136,999
Internal Service 28,033,672
Housing Department 5,496,861
RHA 4,900,044
Pension 210,463
Trust 80,000
Total 518,452,679
BE IT FURTHER RESOLVED, that the City Council hereby adopts the FY 2022- 2023 Mid-Year Budget adjustments listed in Attachment 2 – Mid-Year Budget Adjustments:
Attachment 1 – Draft Resolution_ Mid-Year 2022-2023
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I certify that the foregoing resolution was passed and adopted by the City Council of the City of Richmond at a _________ meeting held on _____________ by the following vote:
AYES:
NOES:
ABSTENTIONS:
ABSENT:
________________________________________
Clerk of the City of Richmond
(SEAL)
Approved:
_______________________________
Mayor
Approved as to form:
____________________________
City Attorney