Today Mayor Levar M. Stoney delivered his biennial budget proposal for FY 2019/2020 to City Council.   The proposed $715.2 million budget for the coming year is fully balanced, and all expenses are in line with current revenue projections. “This is a fiscally responsible and lean budget ,   but this plan still manages to continue to invest, and even improve and expand upon our support for targeted priorities in core services, public safety, poverty mitigation and education , ”   said Mayor Stoney. The following are some of the highlights from the proposed budget: Reinvestment of $12.5 million of Richmond Public Schools balances to meet local funding requests for 2019 $3.3 million in funding to continue the salary decompression and step pay increases instituted last year for both police and firefighters An additional $1 million toward the paving program to pave an additional 20 lane miles for the improvement of neighborhood streets A reduction in the water rate ...

Mayor Levar M. Stoney today announced the appointment of three highly-qualified professionals to fill three additional executive positions presently held by interim appointees. Acting Directors of Human Resources, Korita Brown Jones, and Information Technology, Charles G. Todd, have been promoted to positions of director, while Albemarle County’s recent Director of Finance, Betty J. Burrell, has been hired to serve as Richmond’s new Director of Procurement Services. “Once again, we are most fortunate to have the best-of-the-best accepting these critically important leadership positions,” said Mayor Stoney. “While bringing renewed accountability to City Hall is an ongoing process and an especially concerted effort, our success is predicated upon the quality and dedication of our employees and people we have leading our departments. “Korita, Charles and Betty all bring a wealth of experience, ideas and vigor to our administration, and I welcome them in these positions and look forward t...

On November 9, 2017, Mayor Stoney formally announced the issuance of a Request for Proposals (RFP) for the North of Broad/Downtown Neighborhood Redevelopment Project. Issuing the RFP was the first step in initiating an open competitive process for a transformative opportunity to spur redevelopment of a significant portion of real estate located in the neighborhood north of Broad Street in downtown Richmond. Upon announcing the RFP, Mayor Stoney noted that “The goals of this RFP are bold, but provide an opportunity to achieve a number of strategic objectives for the city. To expand economic development and affordable housing opportunities, to generate revenue while achieving poverty mitigations through jobs and training, to provide historic preservation and community revitalization, to promote and support tourism, and to ensure sustainable development and investments in infrastructure.” The RFP required respondents address a variety of components, including: Replacement ...

“Tonight, the City of Richmond sent a strong message to its students that it is no longer willing to kick the can down the road when it comes to providing them with modern, safe and healthy environments in which to learn. This is just the first big step in what will be many more steps to improve our schools for our children, and for the generations of Richmond Public School students to come. After decades of telling them to wait, tonight we put them first. We are moving full-steam ahead with our plan to generate $150 million in new school construction and renovation of facilities that have been neglected for far too long. This was not an easy decision, and it does not solve all of our schools’ challenges, but it was important that we get started now. I’d like to thank the members of City Council tonight for understanding the urgency and importance of our needs and having the courage to take action. And I would like to thank the Richmond School Board and Superintendent Jason Kamr...

Today the Rose Fellowship Panel presented their findings and recommendations on how the City of Richmond can take progressive steps in the coming years to protect and honor the unique history of   Shockoe   Valley through community engagement while building an economically viable neighborhood and international destination through existing and future investment. “We’ve had a number of experts and advisors here from around the country to take a look at some of the land use issues we face in the city,” Mayor Levar M. Stoney stated to a full room at Main Street Station. “And although we may face some challenges, we have an opportunity to remember and honor the enslaved Africans who built this city and also celebrate the vibrancy of   Shockoe   Valley.” Today’s public meeting culminated four days of site visits and stakeholder and community engagement by a team of national land use and design experts assembled and sponsored in its entirety by the Daniel Rose fellows...

The Commonwealth’s Auditor of Public Accounts (APA) notified city officials in a letter dated last Friday, January 26 (attached), that Richmond “does not appear to be in a situation of fiscal distress that would warrant further assistance or intervention from the Commonwealth,” as the APA’s preliminary determination indicated in August of last year.   Richmond’s Director of Finance, John Wack, provided members of city council with the attached intracity memorandum, explaining how the APA’s Financial Assessment Model (FAM) prematurely identified potential financial distress indicators last August. The city’s financial advisors, Davenport & Company, also determined the FAM criteria previously used were too limited in scope and substance, did not take into account Richmond’s demographics, economic development, strength of management nor the city’s debt practices and reasons for debt.   The APA has now set the record straight.   “I am pleased the APA has obtained a ...


Mayor Levar M. Stoney delivered his 2018 State of the City Address Tuesday, January 23 at Martin Luther King, Jr. Middle School. The mayor reviewed the administration's significant accomplishments in 2017 and reported the state of the city is "strong." Included in his remarks was the announcement of initiatives to fund school construction and address challenges in our public housing communities. 
 The mayor's State of the City Address as prepared can be found  here .