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~, approximately fifty percent of the budget of <br />the City of Portamouth is now s]]ocated to public schools; ~nd <br /> <br /> ~'~qEEEAS, the City of Portsmouth is adjacent to a large <br />feder~ ~adustrial t~]0e installation, from which the City receives <br />no revenue; mhd <br /> <br /> ~I~EREAS, the City of Portsmouth provides the same educa- <br />tional opportunities for ~]] its students; and <br /> <br /> WHERE~, the School Board ~has completed 7/12 of the <br />fiscal Year with no anticipation of loss of impact revenue; and <br /> <br /> · ~S, accorm~ng to th~ c.omp~ommse bill, Portsmouth <br />stands to lose approximately $725,000 mn Impact Funds; and <br /> <br /> WHEREAS, this loss of reveDue must be assumed by the <br />City if the present level of educational services are to be con- <br /> <br /> N~, ~.OR~, BE IT RESOLVED by the Co~nei] o~ th~ <br />City of Portsmouth, Virginia~ t~t it hereby urges Co~Eress to <br />support the full ~ug of ~p._act ~nds, especially the restora- <br />tion of the fUll ~ud~no of all students. <br /> <br /> Adopted-by the Co~ii of +~e City of Portsmouth, Vir- <br />gLnia~ at a meetirg held February 1~, 1970. <br /> <br />Teste: <br /> <br />City Clerk <br /> <br /> <br />