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,1 9 T M TO, �_- �
<br />AN ORDINANCE TO APPROPRIATE $492,196,475 FOR THE OPERATION OF CITY
<br />GOVERNMENT DURING THE FISCAL YEAR BEGINNING JULY 1, 2022.
<br />BE IT ORDAINED by the Council of the City of Portsmouth, Virginia:
<br />1. That the Fiscal Year 2023 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, 2022 and ending June 30, 2023:
<br />Sums appropriated from:
<br />100 General Fund Revenue
<br />Real Property Taxes
<br />$112,706,969
<br />Personal Property Taxes
<br />33,117,697
<br />Other General Property Taxes
<br />3,863,699
<br />Other Local Taxes
<br />37,277,877
<br />Utility Tax Revenue
<br />14,387,520
<br />State — Non Categorical Aid
<br />10,171,791
<br />State — Shared Expenses
<br />9,954,397
<br />State — Categorical Aid
<br />21,594,368
<br />Federal Revenue
<br />3,500
<br />Charges For Services
<br />4,854,233
<br />Investment Income
<br />264,713
<br />Fines and Forfeiture
<br />228,463
<br />Miscellaneous Revenues
<br />1,664,835
<br />Total Recovered Cost
<br />3,598,846
<br />Licenses and Permits
<br />1,117,004
<br />Use of Property
<br />1,348,383
<br />Payment In Lieu of Taxes
<br />2,798,591
<br />Operating Transfers In
<br />9,922,599
<br />Fund Balance
<br />8,495,500
<br />Total Revenues
<br />$277,370,985
<br />200 Debt Fund Revenue
<br />Operating Transfers In 40,814,098
<br />Total Revenues $40,814,098
<br />400 Behavioral Healthcare Service Fund Revenue
<br />State Non - Categorical Aid $149,504
<br />State Categorical Aid 11,227,142
<br />Federal Revenue 1,741,853
<br />Charges for Services 160,000
<br />Operating Transfer In 715,466
<br />Fund Balance 845,700
<br />Total Revenues $14,839,665
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