Attachment 6 - Resolution Mid-Year Budget Review Fiscal Year 2025-26 RESOLUTION NO. ________
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RICHMOND ADOPTING FISCAL YEAR 2025-26 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 2025-26 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 2025-26 at a public meeting on March 17, 2026.
NOW, THEREFORE, BE IT RESOLVED, that the City Council hereby adopts the FY 2025- 26 Mid-Year Budget adjustments for the following funds as stated in Attachment 3:
Attachment 6 - Resolution Mid-Year Budget Review Fiscal Year 2025-26
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