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i y2023 -46 <br />AN ORDINANCE ACCEPTING GRANT FUNDING IN THE AMOUNT OF <br />$5,370,352 AND APPROPRATING SAID AMOUNT INTO THE FY 2023 <br />PORTSMOUTH PUBLIC SCHOOLS GRANTS FUND BUDGET. <br />BE IT ORDAINED by the Council of the City of Portsmouth, Virginia: <br />1. That it accepts the amount of $5,370,352 in grant funding and <br />appropriates said amount into the FY 2023 Portsmouth Public Schools Grants Fund <br />Budget. <br />2. That the estimated revenues and expenditures in the FY 2023 Portsmouth <br />Public Schools Grants Fund Budget are increased by $5,370,352. <br />3. That the revised funding appropriation for the FY 2023 Portsmouth Public <br />Schools Grants Fund Budget is as shown on Exhibit A hereto. <br />4. 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 May 23, 2023. <br />Teste: <br />City Clerk <br />