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Richmond, Financial Timeline Tuesday, May 1 Bookmark and Share     Author
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City has a $35 million budget deficit
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2014 (1) 2005 (1) 2004 (1) 2003 (1) 2001 (1)
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Billionaire (25)   Budget (112)   Budget Deficit (4)   Living Wage (3)
$103 million general fund city budget
Texas billionaire buys Richmondís Mechanics Bank


year 2014 Top ^

Sep.30
  The bank, which started in 1905 by cashing paychecks for county railroad workers, is passing into the hands of Gerald J. Ford of Dallas


year 2005 Top ^

Jun.4
  Mayor Irma L. Anderson has released a budget for fiscal 2006, which is a 3% increase over the previous fiscal year



year 2004 Top ^

Mar.4
  The city started the fiscal year with a $8.3 million General Fund deficit, overspent by $6 million


year 2003 Top ^

Mar.10 District has $12 million budget shortfall
  Public school teachers may have to take a two-day unpaid furlough next school year


year 2001 Top ^

Oct.25 Living wage ordinance
  The ordinance requires to pay employees at least $11.42 an hour with benefits or $12.92 without





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