RICHMOND, VA (WWBT) - Richmond Mayor Dwight Jones says the city has less money to work with every year, and part of that is because of the economy.
The Mayor has proposed a multi-million dollar budget as well as improvements to help bring more money into the city, and it looks like he's banking on tourism for that.
Some improvements include developing more of the River Front, Shockoe Bottom, Main Street Station, and renovating the Landmark Theatre which has brought in a lot of money from Broadway shows over the years. The Mayor plans to use some of the $62 million paid back from the Richmond Metropolitan Authority to do that.
Mayor Jones also mentioned turning public housing into mixed-use communities, which he then says needs to be followed by good schools.
He says you could pay a few cents more for water and sewer rates in the future.
Some other topics that will come up are the Capital Improvements Programs and updates to projects happening in the city.
The budget meeting starts Wednesday, March 28 at 6:30 p.m. at the Virginia War Memorial on 621 South Belvidere Street.
The Mayor encourages people to come share their thoughts at the budget forum.
Jones says he plans to implement some of these improvements without raising taxes, but again this means no additional income for most city employees.
After all these discussions, the City Council will work with the Mayor to come up with a final budget plan by the end of May.