Richmond mayor seeks more time to submit budget

For the third consecutive fiscal year, Richmond Mayor Dwight C. Jones wants more time to submit his proposed budget.

via timesdispatch.com WILL JONES..

City council accepts plan to spend $6.7M surplus

“Who gets the money” was the heated question Monday night at City Hall as leaders hammered out what to do with a budget surplus of several million dollars.

via nbc12.com Laura Geller.

City Council could decide how to spend surplus tonight

Mayor Jones has laid out a plan which includes $500,000 to help low income GRTC riders deal with a fare hike, $500,000 for the city’s program to fight blight, and more than a million for the road, bike trail and sidewalk budget.

via nbc12.com Rachel DePompa.

Richmond City Council OKs spending plan for surplus

There was polite but decidedly firm debate, but in the end, the mayor got what he wanted.

via timesdispatch.com Zachary Reid.

City News: Mayor Jones Announces $6.7 Million Positive Budget Surplus

Expressing continued concern for the pending rate increase from Greater Richmond Transit Company (GRTC), Mayor Jones proposed $500,000 to help capitalize a fund that will subsidize GRTC ridership for the working poor and low-income riders. One million dollars is being proposed for a Neighborhood Blight Remediation program and a Low-income Weatherization Program. Another $1.7 million is being recommended for various capital improvement projects to include street, sidewalks, and bikeways. The mayor also proposed to save $3.75 million — over half of the surplus. Two million dollars is to be designated for a revenue stabilization fund for unanticipated needs or obligations.

via blogspot.com.

Survey: Localities doubt state funding abilities

The General Assembly adjourned this year crowing that it had approved a balanced budget without new taxes. But its cuts in support to local governments exceeded $1 billion, including cuts to public schools to constitutional officers such as sheriffs, court clerks and social services.That doesn’t include the burden localities will share with the state for the public employee retirement system: They must double up on employer contributions that were suspended this year to help balance the current budget.

via ap.org.