|
+.�.. '' V -42
<br />AN ORDINANCE TO APPROPRIATE $520,483,988 FOR THE OPERATION OF CITY
<br />GOVERNMENT DURING THE FISCAL YEAR BEGINNING JULY 1, 2023.
<br />BE IT ORDAINED by the Council of the City of Portsmouth, Virginia:
<br />1. That the Fiscal Year 2024 Operating Budget for the City of Portsmouth, Virginia is
<br />hereby approved.
<br />2. In order to provide the requisite funds for said operating budget, the following sums are
<br />hereby appropriated from the following revenue sources to the following fund categories for the fiscal
<br />year beginning July 1, 2023 and ending June 30, 2024:
<br />Sums appropriated from:
<br />100 General Fund Revenues
<br />$
<br />635,000
<br />Real Property
<br />$
<br />119,664,134
<br />Personal Property
<br />$
<br />34,652,783
<br />Other General Proper
<br />$
<br />4,264,829
<br />Utility Taxes
<br />$
<br />14,369,541
<br />Other Local Taxes
<br />$
<br />39,964,430
<br />State Non - categorical
<br />$
<br />20,700,472
<br />State Shared Expenses
<br />$
<br />11,037,317
<br />State Categorical Aid
<br />$
<br />22,153,999
<br />Charges For Services
<br />$
<br />4,692,717
<br />Revenue from Use of Money
<br />$
<br />2,387,044
<br />Fines and Forfeitures
<br />$
<br />192,500
<br />Miscellaneous Revenue
<br />$
<br />2,019,795
<br />Recovered Costs
<br />$
<br />3,916,613
<br />Licenses And Permits
<br />$
<br />1,075,643
<br />Use Of Property
<br />$
<br />1,035,136
<br />Payment In Lieu Of Taxes
<br />$
<br />2,831,350
<br />Local Funding -Fund Balance
<br />$
<br />9,600,000
<br />Operating Transfers in
<br />$
<br />4,821,434
<br />Total Appropriation
<br />$
<br />299,379,737
<br />200 Debt Service Fund Revenues
<br />Transfers from other funds
<br />$
<br />40,453,950
<br />Total Appropriation
<br />$
<br />40,453,950
<br />400 Behavioral Healthcare Services Fund Revenues
<br />Charges for Services
<br />$
<br />635,000
<br />Fund Balance
<br />$
<br />1,536,672
<br />State Categorical
<br />$
<br />10,632,520
<br />Federal Revenue
<br />$
<br />1,268,495
<br />Miscellaneous Revenue
<br />$
<br />3,640,313
<br />Transfers from other funds
<br />$
<br />715,466
<br />Total Appropriation
<br />$
<br />18,428,466
<br />
|