Moody’s Downgrades City of Richmond Credit Rating

Mayor and Members of the City Council: I regret to inform you that Moody’s Investors Service, which has rated past debt issues of the City of Richmond, has downgraded the City’s issuer rating to Baa1 from A1, pension bonds to Baa2 from A2, and placed the city and...

Sign Up For Mayor’s Second Business Roundtable

A healthy business climate in Richmond is essential to increase jobs, increase municipal revenue and increase economic diversity and opportunity. The Business Roundtable is an lunch gathering I started as a casual forum for businesses to come together to help identify...

Backs Unlimited Rent Increases?

This is another emotional but factually inaccurate effort to label me as insensible to renter, starting with the headline, “Richmond Mayor Tom Butt Backs Unlimited Rent Increases.” I have never said that I back rent increases; but what is clear is that I do not...