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ORDINANCE VLNn-ii AN ORDINANCE TO MODIFY THE APPROPRIATION MADE BY ORDINANCE 2019- 106 ADOPTED ON DECEMBER 10, 2019 BY REDUCING THE APPROPRIATION TO THE FY 2020 PORTSMOUTH PUBLIC SCHOOLS GENERAL FUND BUDGET BY THE AMOUNT OF $101,543 IN ACCORDANCE WITH THE REQUEST OF THE PORTSMOUTH SCHOOL BOARD. WHEREAS, in accordance with standard practice, in the fall of 2019 Portsmouth Public Schools estimated the amount of funds from its FY 2019 General Fund budget that were encumbered but not expended during the FY 2019 fiscal year; and WHEREAS, PPS estimated that the amount of $237,202 from its FY 2019 General Fund budget was encumbered but not expended and on October 10, 2019 the Portsmouth School Board requested that City Council re- appropriate FY 2019 funding in said amount to the FY 2020 PPS General Fund budget; and WHEREAS, by Ordinance 2019 -106 adopted on December 10, 2019, City Council re- appropriated $237,202 from the FY 2019 PPS General Fund budget to the FY 2020 PPS General Fund budget; and WHEREAS, based on the cancellation of certain purchase orders and the results of its comprehensive financial reporting and external audit process, PPS has determined that the amount of encumbered but unexpended funds that should have been re- appropriated from the FY 2019 PPS General Fund budget to the FY 2020 PPS General Fund budget is actually $135,659 ($101,543 less than City Council re- appropriated on December 10, 2019); and WHEREAS, the Portsmouth School Board therefore adopted a Resolution on January 23, 2020 requesting City Council to reduce the FY 2020 PPS General Fund appropriation by S 101,543; NOW, THEREFORE, BE IT ORDAINED by the Council of the City of Portsmouth, Virginia: 1. That the $237,202 appropriation to the FY 2020 General Fund budget for the Portsmouth Public Schools made by Ordinance 2019 -106 adopted on December 10, 2019 is hereby reduced by $101,543, and that the FY 2020 General Fund budget for the Portsmouth Public Schools is therefore reduced by the amount of $101,543. 2. That estimated revenues and expenditures in the FY 2020 Portsmouth Public Schools General Fund budget are reduced by $101,543. 3. That the revised funding appropriation for the FY 2020 Portsmouth Public Schools General Fund budget is as shown on Exhibit A hereto. 4. That this ordinance shall take effect immediately on the date of its adoption.