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20a - 21 <br />AN ORDINANCE TO DECREASE THE APPROPRIATION TO THE FY 2023 <br />PORTSMOUTH PUBLIC SCHOOLS GENERAL FUND BUDGET BY $696,054 <br />AT THE REQUEST OF PPS. <br />BE IT ORDAINED by the Council of the City of Portsmouth, Virginia: <br />1. That it decreases the appropriation to the FY 2023 General Fund Budget <br />for the Portsmouth Public Schools by $696,054. <br />2. That the purpose of the reduction is to accurately reflect the amount of <br />appropriated FY 2022 PPS General Fund money that was unexpended prior to July 1, <br />2022 and available for reappropriation to the FY 2023 PPS General Fund Budget by the <br />City. <br />3. That the estimated revenues and expenditures in the FY 2023 Portsmouth <br />Public Schools General Fund Budget are decreased by $696,054. <br />4. That the revised funding appropriation for the FY 2023 Portsmouth Public <br />Schools General 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 28, 2023. <br />Teste: <br />City Clerk <br />