Richmond Launches Budget Cycle for FY28, Seeking Public Input
What happened
Richmond Mayor Danny Avula has officially kicked off the city’s next budget cycle. The process, which began on September 22, 2026, is expected to be tight and relies on resident involvement due to anticipated budgetary constraints. The administration is developing the FY28 budget, which is guided by the Mayoral Action Plan. This cycle includes fall public work sessions to discuss citywide priorities and develop long-term revenue forecasts.
From 12onyourside.com
Why it matters
The budget cycle involves the development of the FY28 budget and long-term revenue forecasts. These plans guide financial decisions for the City of Richmond, including those overseen by the City Council. The process allows for public input on citywide priorities through various work sessions.
From 12onyourside.com
Who's involved
- Danny AvulaMayor of Richmond
- RichmondCapital city of Virginia
- City of RichmondMunicipal government of Richmond, Virginia
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- City of RichmondSpeculative
The City of Richmond might see its revenue streams affected by changes to real estate assessments.
- city councilSpeculative
The City Council might need to approve the budget and manage increased assessment revenue and costs.
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The entities involved
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Danny Avula
American politician
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Richmond
capital city of Virginia, United States of America