The amendments are to be reviewed Friday by the Council's Financial and Administrative Affairs Committee.
Under the new plan, revenues are to be increased by €1.3m and expenditures by €33.6m. The previous planned budget deficit for 2016, adapted last year, was less than €700,000.
The Latvian capital plans on spending the money for different things like police equipment and reconstructing schools. A bulk sum of €13m will go to the council's Education, Culture and Sports Department.
Riga mayor Nils Usakovs said the matter was not serious and was simply an example of necessary book-keeping procedures.