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ORDINANCE NO. 2024-34 <br />AN ORDINANCE TO AMEND AND RE-ENACT ORDINANCE NO. 2023-34 TO <br />IMPOSE AND LEVY TAXES FOR THE FISCAL YEAR BEGINNING JULY 1, <br />2024 AND ENDING JUNE 30, 2025, ON REAL ESTATE, TANGIBLE PERSONAL <br />PROPERTY, PRIVATELY -OWNED PLEASURE BOATS, PRIVATELY -OWNED <br />CAMPING TRAILERS AND MOTOR HOMES, AND MACHINERY AND <br />TOOLS WITHIN THE CITY OF PORTSMOUTH, VIRGINIA, FOR THE <br />PURPOSE OF RAISING REVENUE FOR THE SUPPORT OF <br />GOVERNMENTAL OPERATIONS AND THE PUBLIC FREE SCHOOLS AND <br />TO PAY PRINCIPAL AND INTEREST ON THE PUBLIC DEBT. <br />BE IT ORDAINED by the Council of the City of Portsmouth, Virginia: <br />1. That Ordinance No. 2023-34 is re-enacted imposing and levying taxes for <br />the fiscal year beginning July 1, 2024 and ending June 30, 2025, on real estate, tangible <br />personal property, privately -owned pleasure boats, privately -owned camping trailers and <br />motor homes, and machinery and tools within the City of Portsmouth, Virginia, for the <br />purpose of raising revenue for the support of governmental operations and the public free <br />schools and to pay principal and interest on the public debt. <br />2. That this ordinance shall take effect on July 1, 2024. <br />ADOPTED by the Council of the City of Portsmouth, Virginia, at a meeting held <br />on May 14, 2024. <br />Teste: <br />City Clerk <br />