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t � 111 �
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<br />AN ORDINANCE TO APPROPRIATE $461,432,395 FOR THE OPERATION OF CITY
<br />GOVERNMENT DURING THE FISCAL YEAR BEGINNING JULY 1, 2021.
<br />BE IT ORDAINED by the Council of the City of Portsmouth, Virginia:
<br />1. That the Fiscal Year 2022 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, 2021 and ending June 30, 2022:
<br />Sums appropriated from:
<br />100 General Fund Revenue
<br />Real Property Taxes
<br />$104,035,952
<br />Personal Property Taxes
<br />26,725,916
<br />Other General Property Taxes
<br />3,685,940
<br />Other Local Taxes
<br />36,264,618
<br />Utility Tax Revenue
<br />13,988,027
<br />State — Non Categorical Aid
<br />10,158,862
<br />State — Shared Expenses
<br />8,933,210
<br />State — Categorical Aid
<br />20,620,066
<br />Charges For Services
<br />5,178,954
<br />Investment Income
<br />261,814
<br />Fines and Forfeiture
<br />256,229
<br />Miscellaneous Revenues
<br />1,703,335
<br />Other Financing Sources
<br />--
<br />Total Recovered Cost
<br />3,683,677
<br />Licenses and Permits
<br />1,053,842
<br />Use of Property
<br />11385,952
<br />Payment In Lieu of Taxes
<br />2,315,002
<br />Operating Transfers In
<br />9,864,202
<br />Fund Balance
<br />2,540,500
<br />Total Revenues
<br />$252,656,098
<br />200 Debt Fund Revenue
<br />Other Financing Sources $0
<br />Operating Transfers In 39,328,114
<br />Fund Balance 3,546,435
<br />Total Revenues $42,874,549
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