The Richmond City Commission conducted the first reading of Ordinance 26-12, an ordinance amending the city\u2019s fiscal year 2026 budget, during their recent meeting. The ordinance, which outlines the city\u2019s estimated revenues and appropriations for the upcoming year, was presented by Finance Director Sharon Cain.<\/p>\n
Cain explained, \u201cA budget proposal has been prepared and delivered to the city commission, and necessary modifications have been completed as recommended.\u201d She then detailed the allocations, noting, \u201cThe total resources for the general fund are $73,332,04, with appropriations of $54,608,93, leaving an estimated ending balance of $19,271,111.\u201d<\/p>\n
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