Richmond City Council
September 15, 2026

Attachment 2 – Fiscal Year 2025-26 Budget Adjustments
Fund Fund Description Revenue Increase/
(Decrease)
Expense Increase/
(Decrease) Justification
0001 General Fund 577,506 General Fund subsid y to clear negative fund balance for KCRT Fund 4008 0001 General Fund (370,111) Pension Tax Override true-up 0001 General Fund 1,600,000 Fleet budget deferred at budget Adoption 0001 General Fund 600,000 Purchase price and outfitting cost increase for vehicle replacements General Fund - Net Impact (370,111) 2,777,506 Non-General Fund Requests
1001 Secured Pension Override (370,111) Year-End PTORS Clean-Up 1001 Secured Pension Override (370,111) Year-End PTORS Clean-Up 1050 CR-Planning and Building 4,995 3% of Impact Fee revenue to Planning Department for Admin Fee per Master Fee Schedule 2110 Impact Fee Parks/PW 3,528 Appropriate bud get, Impact Fee revenue received FY 2025-26 2110 Impact Fee Parks/PW 106 3% of Impact Fee revenue to Plannin g Department for Admin Fee per Master Fee Schedule 2111 Impact Fee Traffic 7,872 Appropriate bud get, Impact Fee revenue received FY 2025-26 2111 Impact Fee Traffic 9,438 Appropriate bud get, Impact Fee revenue received FY 2025-26 2111 Impact Fee Traffic 519 3% of Impact Fee revenue to Plannin g Department for Admin Fee per Master Fee Schedule 2113 Impact Fee Fire 2,651 Appropriate bud get, Impact Fee revenue received FY 2025-26 2113 Impact Fee Fire 1,074 Appropriate bud get, Impact Fee revenue received FY 2025-26 2113 Impact Fee Fire 112 3% of Impact Fee revenue to Plannin g Department for Admin Fee per Master Fee Schedule 2114 Impact Fee Police 3,153 Appropriate bud get, Impact Fee revenue received FY 2025-26 2114 Impact Fee Police 1,248 Appropriate bud get, Impact Fee revenue received FY 2025-26 2114 Impact Fee Police 132 3% of Impact Fee revenue to Plannin g Department for Admin Fee per Master Fee Schedule 2115 Impact Fee Comm/Aquatic 13,163 Appropriate bud get, Impact Fee revenue received FY 2025-26 2115 Impact Fee Comm/Aquatic 8,208 Appropriate bud get, Impact Fee revenue received FY 2025-26 2115 Impact Fee Comm/Aquatic 641 3% of Impact Fee revenue to Plannin g Department for Admin Fee per Master Fee Schedule 2116 Impact Fee Open Park 41,324 Appropriate bud get, Impact Fee revenue received FY 2025-26 2116 Impact Fee Open Park 34,242 Appropriate bud get, Impact Fee revenue received FY 2025-26 2116 Impact Fee Open Park 2,267 3% of Impact Fee revenue to Plannin g Department for Admin Fee per Master Fee Schedule 2117 Impact Fee Library 9,599 Appropriate bud get, Impact Fee revenue received FY 2025-26 2117 Impact Fee Library 11,298 Appropriate bud get, Impact Fee revenue received FY 2025-26 2117 Impact Fee Library 627 3% of Impact Fee revenue to Plannin g Department for Admin Fee per Master Fee Schedule 2119 Impact Fee Storm Drainage 2,316 Appropriate bud get, Impact Fee revenue received FY 2025-26 2119 Impact Fee Storm Drainage 69 3% of Impact Fee revenue to Plannin g Department for Admin Fee per Master Fee Schedule 2120 Impact Fee Wastewater 17,398 Appropriate bud get, Impact Fee revenue received FY 2025-26 2120 Impact Fee Wastewater 522 3% of Impact Fee revenue to Plannin g Department for Admin Fee per Master Fee Schedule 4003 Wastewater 300,000 Overage in Veolia Sanitary Sewer System operation and maintenance cost 4006 Stormwater 550,000 Overage in Veolia Stormwater collection system operations and maintenance cost 4008 KCRT 577,506 To clear ne gative fund balance for KCRT Fund 4008 5003 Equipment Services 2,200,000 Indirect Allocation - Vehicle Replacement 5003 Equipment Services 1,600,000 Fleet budget deferred at budget Adoption 5003 Equipment Services 600,000 Purchase price and outfitting cost increase for vehicle replacements Non-General Fund Requests - Net Impact 2,578,902 2,684,884 General Fund Requests