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001"ti No <br />AN ORDINANCE TO RE- APPROPRIATE UNEXPENDED FUNDS IN THE <br />AMOUNT OF $11,981,491 FROM THE FY 2021 PORTSMOUTH PUBLIC <br />SCHOOLS GRANTS FUND BUDGET TO THE FY 2022 PORTSMOUTH <br />PUBLIC SCHOOLS GRANTS FUND BUDGET. <br />BE IT ORDAINED by the Council of the City of Portsmouth, Virginia: <br />1. That it appropriates the sum of $11,981,491 into the FY 2022 Grants <br />Fund Budget for the Portsmouth Public Schools. <br />2. That the source of the appropriation is grant money in the amount of <br />$11,981,491 which was appropriated into the FY 2021 Portsmouth Public Schools Grants <br />Fund Budget and neither encumbered nor expended prior to July 1, 2021. <br />3. That the estimated revenues and expenditures in the FY 2022 Portsmouth <br />Public Schools Grants Fund Budget are increased by $11,981,491. <br />4. That the revised funding appropriation for the FY 2022 Portsmouth Public <br />Schools Grants Fund Budget is as shown on Exhibit A hereto. <br />5. 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 March 22, 2022. <br />Teste: <br />City Clerk <br />