Mayor’s FY 2020 Budget Makes Historic Investments in Schools and Streets
Fully balanced proposal provides an increase of $18.5 million for Richmond Public Schools, $16.2 million for roads and sidewalks, $2.9 million for affordable housing, additional $965,000 for increased GRTC service and $485,000 in funding for eviction diversion Mayor Levar M. Stoney today unveiled a FY 2020 budget making bold investments to meet Richmond’s long-neglected needs in public education and neighborhoods to build a more inclusive, more competitive and more equitable city. “This budget marks a new beginning,” Mayor Stoney stated. “With this budget we have the opportunity to invest in our children, our families and our neighborhoods to build the Richmond our residents deserve.” The fully balanced budget proposal presented to Richmond City Council provides an additional $18.5 million to fully fund the Richmond Public Schools (RPS) strategic plan, Dreams4RPS, which includes the local match for recently passed state salary increases for teachers. The city’s Capital Impro