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UROINANCE tUJ.3-~l.~28. AN ORDINANCE (1) TO APPROPRIATE THE SUM OF $4,900,000 IN THE FY 2012-13 GENERAL FUND AND THE FY 2012-13 EDUCATION FUND FOR THE OPERATION OF THE PORTSMOUTH PUBLIC SCHOOLS, (2) TO APPROPRIATE THE SUM OF $2,809,460 IN THE FY 2011-12 GENERAL FUND TO PROVIDE A ONE-TIME BONUS TO CITY EMPLOYEES, EMPLOYEES OF CONSTITUTIONAL OFFICERS, AND RETIREES OF THE PORTSMOUTH SUPPLEMENTAL AND THE PORTSMOUTH FIRE AND POLICE RETIREMENT SYSTEMS, AND (3) TO TRANSFER AND TO APPROPRIATE THE SUM OF $682,153 TO VARIOUS FY 2011-12 OPERATING BUDGET FUNDS. BE IT ORDAINED by the Council of the City of Portsmouth, Virginia: 1. That, on May 18,2012, the Portsmouth School Board returned the sum of $9,943,787 in surplus funds to the City, and said funds became additional revenue in the FY 2011-12 General Fund. 2. That the City Council hereby appropriates the sum of $4,900,000 from said additional revenue in the FY 2012-13 General Fund and the FY 2012-13 Education Fund for the purpose of providing additional funding for the Portsmouth Public Schools Operating Budget, and that estimated revenues transfers in the FY 2012-13 General Fund and the FY 2012-13 Education Fund are increased by said amount. 3. That the City Council hereby appropriates from said additional revenue the sum of $2,809,460 in the FY 2011-12 General Fund for the purpose of granting a one- time 3% bonus payment to City employees and to the employees of City constitutional officers and a one-time 1.5% bonus payment to retirees of the Portsmouth Supplemental Retirement System and the Fire and Police Retirement System. 4. That the bonus shall be excluded from credit towards average final compensation for retirement purposes; and that for bonus eligibility, an employee must be a non-probationary, non-temporary, full time employee on June 1,2012.