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City Celebrates Mayor and County Recognition Day for National Service

Mayor Levar M. Stoney, along with Henrico County’s Deputy County Manager for Community Operations, Tim Foster, will spotlight the impact of national service in the Richmond region and thank those who serve during a 9 a.m. recognition ceremony tomorrow, Tuesday, April 4, for the fifth annual Mayor and County Recognition Day for National Service. The event will be held at the Eastern Henrico Recreation Center, located at 1440 N. Laburnum Avenue. More than 4,000 mayors and county officials from all 50 states and the District of Columbia, Guam and Puerto Rico will hold public events and use both traditional and social media to highlight the value and impact of national service to the nation’s cities. This initiative is being led at the national level by the federal agency for service and volunteerism, the Corporation for National and Community Service (CNCS), along with Cities of Service and the National League of Cities. The City of Richmond has participated in the Mayors Day of Recogn...

Fitch Reaffirms City's AA+ Credit Rating

Fitch Ratings, one of the three nationally recognized credit rating agencies for municipal governments, published their annual review of the City of Richmond following a visit to their New York office last month by Mayor Levar Stoney, City administration leaders and representatives from the City’s financial advisor, Davenport & Company LLC. Fitch reaffirmed the City’s “AA+” credit rating, which is considered highly rated and one notch below “AAA,” the highest possible rating attainable.  According to Fitch, “The 'AA+' Issuer Default Rating reflects the city's strong operating performance and financial resilience, a solid revenue framework and a liability burden at the low end of the moderate range, all supported by a growing economic base.” Fitch assigned their “aa factor assessment” to the City’s Revenue, Expenditure and Long-Term Liability Burden, while assigning their “aaa factor assessment” to the City’s Operating Performance, citing “The combination of revenue and...

Richmond Selected as Finalist for RWJF Culture of Health Prize

Richmond has been chosen as a finalist for the fifth annual RWJF Culture of Health Prize given by the Robert Wood Johnson Foundation. As a finalist, Richmond is one step closer to the national Prize which honors communities that understand health is a shared value and everyone has a role to play in driving change. “This is truly an amazing recognition as it points to what we have set out to accomplish; a city that works for everyone,” said Mayor Levar M. Stoney. “This selection as a finalist helps reinforce we are moving in the right direction to create a healthy community for all of RVA. We have changed the way we approach public education, poverty and job creation, which enables us to better reach those who need our help the most.” Selected from more than 200 communities across the country, Richmond joins 10 other finalist communities. Winners will be announced this fall. “Building a culture of health in Richmond is not just about physical health, “said Richmond City Health District...

FY 2018 Annual Fiscal Plan Transmittal Letter

Click here to view the FY 2018 Annual Fiscal Plan Transmittal Letter prepared by Mayor Stoney and submitted to City Council today. The letter contains highlights of the Mayor's proposed FY 2018 budget

Phase II of Intermediate Terminal and Riverfront Access Project beginning March 6

Demolition begins Monday, March 6 to remove the 4-foot concrete warehouse foundation for the IntermediateTerminal.and Riverfront Public Access Project. The second phase also includes grading, seeding and refurbishing the Terminal Dock. At completion the dock will be ready to receive cruise ship traffic. Phase II is expected to be completed by June.   Ahead of Phase III, as part of the Riverfront Master Plan, a public meeting will be scheduled in the near future to present conceptual options for the Terminal Dock and Lehigh Property. The improvements at both the Terminal Dock and Lehigh properties are expected to provide public park space and public riverfront access. Phase I, which included structural restoration of the Terminal Dock, was completed last December. The project budget of $2,944,318 is being funded with Capital Improvement funding. For information on city services and schedules, please visit us on line at RichmondGov.com.

Mayor's Annual Report on Poverty Reduction

Annual Report on Poverty Reduction and Community Wealth Building Intiatives in the City of Richmond, Virginia Transmitted to City Council and The Maggie L. Walker Citizens Advisory Board by Mayor Levar M. Stoney February 27, 2017 Preface from Mayor Levar Stoney Ordinance 2015-240 requires the Mayor of Richmond to file an annual report to City Council and make a presentation at a Council meeting prior to March 1st each year providing an update on the City’s progress in the implementation of the comprehensive poverty reduction strategy.   The report must include evaluative metrics that are as consistent as possible from year to year, and must provide an account of the major activities of the Office of Community Wealth Building.   By ordinance, the report also must carry the signature of the Mayor. I am pleased to hereby transmit this report to City Council and the Maggie L. Walker Citizens Advisory Board. The attached document provides an update on...