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nnp j� 2019 -33
<br />ORMN
<br />AN ORDINANCE TO APPROPRIATE $452,033,481 FOR THE OPERATION OF CITY
<br />GOVERNMENT DURING THE FISCAL YEAR BEGINNING JULY 1, 2019
<br />BE IT ORDAINED by the Council of the City of Portsmouth, Virginia:
<br />1. That the Fiscal Year 2020 Operating Budget for the City of Portsmouth, Virginia is
<br />hereby approved.
<br />2. In order to provide the requisite funds for said operating budget, the following sums are
<br />hereby appropriated from the following revenue sources to the following fund categories for the fiscal
<br />year beginning July 1, 2019 and ending June 30, 2020:
<br />Sums appropriated from:
<br />100 General Fund Revenue
<br />Real Property Taxes
<br />$100,112,124
<br />Personal Property Taxes
<br />23,893,113
<br />Other General Property Taxes
<br />3,136,804
<br />Other Local Taxes
<br />32,209,064
<br />Utility Tax Revenue
<br />15,520,814
<br />State — Non Categorical Aid
<br />10,457,452
<br />State — Shared Expenses
<br />9,549,835
<br />State — Categorical Aid
<br />19,977,451
<br />Charges For Services
<br />6,487,293
<br />Investment Income
<br />1,439,570
<br />Fines and Forfeiture
<br />432,764
<br />Miscellaneous Revenues
<br />393,917
<br />Other Financing Sources
<br />2,254,882
<br />Total Recovered Cost
<br />3,181, 718
<br />Licenses and Permits
<br />1,139,105
<br />Use of Property
<br />1,883,497
<br />Payment In Lieu of Taxes
<br />2,162,251
<br />Operating Transfers In
<br />9,838,187
<br />Fund Balance
<br />4,775,680
<br />Total Revenues
<br />$248,845,521
<br />200 Debt Fund Revenue
<br />Other Financing Sources
<br />$600,000
<br />Operating Transfers In
<br />40,012,860
<br />Fund Balance
<br />1,000,000
<br />Total Revenues
<br />$41,612,860
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