ORD. 2026-017
To amend City Code §§ 12-242, concerning the disposition of calculated general fund surplus and reporting, to require that ten percent of each year’s surplus amount go to a special purpose reserve to support the Richmond Retirement System Total Retirement Fund to fund bonuses for retired members of the Richmond Retirement System and 12-265, concerning special purpose reserves to establish a special purpose reserve fund to support the Richmond Retirement System Total Retirement Fund.
- Committee
- City Council
- Introduced
- December 10, 2025
- On agenda
- March 10, 2026
- Passed
- March 10, 2026