Laserfiche WebLink
#~'~~i'~ 201!x: 33 <br />AN ORDINANCE TO APPROPRIATE THE SUMS OF $500,000 IN THE <br />GENERAL FUND-OPERATION AND MAINTENANCE CLASSIFICATION OF <br />THE FY 2013-14 EDUCATION FUND AND $2,100,000 IN THE OTHER FUNDS- <br />TEXTBOOK FUND PORTION OF THE FY 2013-14 EDUCATION FUND. <br />BE IT ORDAINED by the Council of the City of Portsmouth, Virginia: <br />1. That it appropriates the sum of $500,000 in the General Fund-Operation <br />and Maintenance classification of the FY 2013-14 Education Fund. <br />2. That it appropriates the sum of $2,100,000 in the Other Funds-Textbook <br />Fund portion of the FY 2013-14 Education Fund. <br />3. That the source of the appropriations is unexpended funds remaining in <br />the FY 2012-13 School Operating Fund budget that were returned to the City and are in <br />the City's undesignated fund balance. <br />4. That estimated revenues are increased in the General Fund-Operation and <br />Maintenance classification of the FY 2013-14 Education by $500,000 and in the Other <br />Funds-Textbook Fund portion of the FY 2013-14 Education Fund by $2,100,000. <br />5. That this ordinance shall take effect on the date of its adoption. <br />ADOPTED by the Council of the City of Portsmouth, Virginia at a meeting held <br />on May 13, 2014. <br />Teste: <br />City Clerk <br />