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4. That the sum of $10,187,751 be, and the same hereby is, appropriated to the PPS <br />Food Services Fund for Fiscal Year 2024. <br />5. That the sum of $23,100,000 be, and the same hereby is, appropriated to the PPS <br />Risk Management Fund for Fiscal Year 2024. <br />6. That the sum of $1,652,592 be, and the same hereby is, appropriated to the PPS <br />Textbook Fund for Fiscal Year 2024. <br />7. That the FY 2024 Local Share of $63,671,284 shall be delivered to Portsmouth <br />Public Schools in twelve equal monthly payments. <br />8. That the appropriation of any funds other than the Local Share to Portsmouth <br />Public Schools by this or any other ordinance shall be subject to and conditioned upon the <br />receipt of those funds from the federal government, the state government, or any other <br />source of Portsmouth Public Schools Revenues as shown in Section 1 above. <br />9. That all unspent appropriations under this ordinance or any ordinance <br />appropriating funds for the FY 2024 Portsmouth Public Schools budget shall lapse at the <br />end of the fiscal year, as provided under Section 22.1A00 of the Code of Virginia. Funds <br />encumbered but unpaid by the end of the fiscal year will be deemed unspent appropriations <br />that will require re- appropriation by the City Council. <br />10. That this ordinance shall take effect on July 1, 2023. <br />ADOPTED by the Council of the City of Portsmouth, Virginia at a meeting held <br />on May 9, 2023. <br />Teste: <br />City Clerk. <br />