Richmond City Council passes $1.5 billion budget

In a brief special meeting, Richmond City Council unanimously passed a $1.5 billion budget Friday afternoon.

Council voted 9 – 0 to adopt the Fiscal Year 2016 budget in less than an hour in front of a small crowd.

A city news release touted no cuts to core services and improved accountability. The city’s tax rate remains at $1.20 per $100 of assessed value.

The newly passed budget includes nearly $146 million for Richmond Public Schools, increased by $11.2 million from last year. Council also reallocated an additional $18 million to go towards Richmond Schools’ crumbling facilities.

City government employees will receive a 2 percent raise.

Stay with 8News for updates.

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