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014- 8 AN ORDINANCE TO REAPPROPRIATE THE SUM OF $1,761,812 IN UNSPENT FUNDS FROM THE PORTSMOUTH PUBLIC SCHOOLS FY 2013 - 2014 OPERATING FUND TO ITS FY 2014 -15 OPERATING BUDGET. BE IT ORDAINED by the Council of the City of Portsmouth, Virginia: 1. That the Portsmouth School Board has, by resolution dated September 25, 2014, requested that City Council reappropriate in the Schools' FY 2014-15 Operating Budget the sum of $1,761,812 remaining unspent in the Schools' FY 2013-14 Operating Budget. 2. That the resolution states that the funds will be used to increase compensation for public school employees. 3. That the proposed use of year-end funds is one-time funding, and that no source of continued funding has been identified to fund the requested increase in compensation beyond the current fiscal year. 4. That, without the identification of other funding sources, any permanent increase in the salaries of School Board employees will necessitate the cutting or reduction of City and/or School programs and services in future fiscal years in order to achieve a balanced budget. 5. That an increase in school employee compensation for the current fiscal year may be achieved through the granting of a one-time bonus without having a negative effect on future budgets. 6. That the use of a bonus to provide employee compensation has been employed by the City in recent years where no continuing funding source could be identified with certainty. 7. That the City Council hereby appropriates the requested sum of $1,761,812 in the Schools FY 2014-15 Operating Budget. 8. That the City Council strongly urges that the School Board increase its employee compensation in FY 2014-15 through the use of a one-time bonus, rather than a general salary increase. 9. That estimated revenues in the FY 2014-15 Education Fund Operating Budget are increased by $1,761,812.