Attachment 6 - Resolution Mid-Year Budget Review Fiscal Year 2024-25 RESOLUTION NO. ________
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RICHMOND ADOPTING FISCAL YEAR 2024-25 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 2024-25 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 2024-25 at a public meeting on April 15, 2025.
NOW, THEREFORE, BE IT RESOLVED, that the City Council hereby adopts the FY 2024- 25 Mid-Year Budget adjustments for the following funds as stated in the Attachment 3:
FUND
PROPOSED
REVENUE
ADJUSTMENTS
PROPOSED
EXPENDITURE
ADJUSTMENTS
NET
MID-YEAR
ADJUSTMENTS
1003 TRANSPORTATION OPERATION - 550,000 550,000 1304 EMERGENCY OPE & DISASTR R - 75,000 75,000 1305 PUBLIC ART (353,475) 603,475 250,000 2001 GENERAL CAPITAL FUND - 253,475 253,475 2110 IMPACT FEE - PARKS (23,760) 15,000 (8,760) 2111 IMPACT FEE - TRAFFIC (112,176) - (112,176) 2113 IMPACT FEE - FIRE (19,643) - (19,643) 2114 IMPACT FEE - POLICE (16,301) - (16,301) 2115 IMPACT FEE - COMM/AQUATC (68,761) - (68,761) 2116 IMPACT FEE - PARKS/OPEN (287,250) - (287,250) 2117 IMPACT FEE - LIBRARY (77,853) - (77,853) 2119 IMPACT FEE - STORM DRAINAGE (29,416) - (29,416) 2120 IMPACT FEE - WASTEWATER (6,243) - (6,243) 4001 PORT - 180,000 180,000
4003 WASTEWATER - 2,500,000 2,500,000
4006 STORMWATER - 425,000 425,000
Total All Funds (994,878) 4,601,950 3,607,072
BE IT FURTHER RESOLVED, that, effective April 15, 2025, the City’s position control is hereby revised to adjust the following position:
Classification Department Unit
Add: 1 Parks Construction &
Maintenance Worker
Public Works SEIU Local 1021 – General Employees
Delete: 1 Maintenance
Leadworker
Public Works SEIU Local 1021 – General Employees
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Attachment 6 - Resolution Mid-Year Budget Review Fiscal Year 2024-25 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