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OR <br />AN ORDINANCE: (1) TO ACKNOWLEDGE THE REVERSION TO THE CITY <br />OF FUNDS IN THE AMOUNT OF $3,632,494 THAT WERE ORIGINALLY <br />APPROPRIATED BY CITY COUNCIL TO THE PPS FY 2019 GENERAL FUND <br />BUDGET AND WERE NEITHER ENCUMBERED NOR EXPENDED BY PPS <br />DURING FY 2019; (2) TO APPROPRIATE $723,039 OF SAID FUNDS TO THE <br />FY 2020 CAPITAL IMPROVEMENT FUND BUDGET FOR THREE PROJECTS <br />TO BENEFIT PPS, INCLUDING THE REPLACEMENT OF THE <br />CHURCHLAND HIGH SCHOOL TRACK, THE REPLACEMENT OF SCHOOL <br />BUS SECURITY CAMERAS, AND THE REPLACEMENT OF SCHOOL <br />FURNITURE; AND (3) TO RESERVE THE BALANCE OF SAID FUNDS <br />WITHIN THE FY 2019 FUND BALANCE FOR FUTURE APPROPRIATION AS <br />CITY COUNCIL SHALL DEEM APPROPRIATE. <br />BE IT ORDAINED by the Council of the City of Portsmouth, Virginia: <br />1. That it acknowledges the reversion to the City of funds in the amount of <br />$3,632,494 that were originally appropriated by City Council to the Portsmouth Public <br />Schools FY 2019 General Fund Budget and were neither encumbered nor expended by <br />PPS during FY 2019. <br />2. That it establishes a new project titled "Replacement of Churchland High <br />School Track" in the FY 2020 Capital Improvement Fund and appropriates $200,000 of <br />the reverted funds to the said project in the FY 2020 Capital Improvement Fund Budget. <br />3. That it establishes a new project titled "Replacement of School Bus <br />Security Cameras" in the FY 2020 Capital Improvement Fund and appropriates $250,000 <br />of the reverted funds to the said project in the FY 2020 Capital Improvement Fund <br />Budget. <br />4. That it establishes a new project titled "Replacement of School Furniture" <br />in the FY 2020 Capital Improvement Fund and appropriates $273,039 of the reverted <br />funds to the said project in the FY 2020 Capital Improvement Fund Budget. <br />5. That it reserves the balance of the reverted funds ($2,909,455) within the <br />FY 2019 General Fund Balance for future appropriation as City Council shall deem <br />appropriate. <br />6. 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 December 10, 2019. <br />Teste: <br />City Clerk <br />