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ORMNANCE ND 2020 -53 AN ORDINANCE AMENDING THE FY 2021 ADOPTED BUDGET FOR THE CITY OF PORTSMOUTH TO (1) APPROPRIATE FUNDS IN THE AMOUNT OF $299,950 FROM THE STORMWATER MANAGEMENT FUND BALANCE TO THE FY 2021 OPERATING BUDGET FOR THE STORMWATER MANAGEMENT FUND AND (2) APPROPRIATE FUNDS IN THE AMOUNT OF $2,549,776 FROM THE PUBLIC UTILITIES FUND BALANCE TO THE FY 2021 OPERATING BUDGET FOR THE PUBLIC UTILITIES FUND. WHEREAS, on May 12, 2020 City Council adopted a Budget for the operation of the City Government during Fiscal Year 2021; and WHEREAS, the Budget, as originally proposed, including increases in certain stormwater utility and water and sewer fees, to be effective July 1, 2020; and WHEREAS, due to the hardships created by COVID -19, City Council voted to delay the imposition of the specified fee increases until January 1, 2021 and to substitute money from the Stormwater Management and Public Utilities Fund Balances for the fee increase revenues that were anticipated to be received from July 1, 2020 through December 31, 2020; and WHEREAS, Section 3 -1.6 of the City Charter requires that City Council adopt a balanced Operating Budget prior to June 30 of each year; NOW, THEREFORE, BE IT ORDAINED by the Council of the City of Portsmouth, Virginia: 1. That it appropriates funds in the amount of $299,950 from the Stormwater Management Fund Balance to the FY 2021 Operating Budget for the Stormwater Management Fund. 2. That the Transfers from Fund Balance revenue category in the FY 2021 Operating Budget for the Stormwater Management Fund is increased by $299,950. 3. That the Charges for Services revenue category in the FY 2021 Operating Budget for the Stormwater Management Fund is decreased by $299,950. 4. That it appropriates funds in the amount of $2,549,776 from the Public Utilities Fund Balance to the FY 2021 Operating Budget for the Public Utilities Fund. 5. That the Transfers from Fund Balance revenue category in the FY 2021 Operating Budget for the Public Utilities Fund is increased by $2,549,776. 6. That the Charges for Services revenue category in the FY 2021 Operating Budget for the Public Utilities Fund is decreased by $2,549,776.