How should Richmond spend its $550 million Chevron settlement? City leaders want to know

RICHMOND — As half a billion dollars from Chevron start to flow into Richmond’s coffers, city leaders want to know exactly how residents would like to see that money spent.

To get those answers, councilmembers have agreed to set aside up to $300,000 to contract out support that would facilitate community feedback. A central goal of the initiative, approved during a meeting Tuesday, is to develop a “just transition” away from the fossil fuel industry while ensuring community buy-in for how the dollars are spent.