City Center Redevelopment

Finance and Economic Development Standing Committee — January 21, 2026 summary

Committee met at 2:00 PM in Council Chamber, City Hall. Members forwarded multiple ordinances and a resolution to the January 26, 2026 City Council meeting with recommendations to approve, including grant acceptances and special-fund budget amendments for opioid response and economic development, a parking license with Virginia Commonwealth University, a proposed amendment to direct 10% of annual general fund surplus to a Richmond Retirement System reserve, funding and contract changes to increase janitorial worker wages, and federal/state funding to study a railroad grade separation on Broad Rock Boulevard. One ordinance establishing a real-estate tax deferral program was continued to the March 18, 2026 committee meeting.