|
ORDINANCE NO. 2024-40
<br />AN ORDINANCE APPROVING THE FISCAL YEAR 2025 OPERATING
<br />BUDGET FOR THE PORTSMOUTH PUBLIC SCHOOL SYSTEM IN THE
<br />AMOUNT OF $269,289,628 AND APPROPRIATING THE NECESSARY FUNDS
<br />TO IMPLEMENT SAID BUDGET FOR THE FISCAL YEAR 2025.
<br />BE IT ORDAINED by the Council of the City of Portsmouth, Virginia:
<br />1. That the Fiscal Year 2025 Operating Budget in the amount of $269,289,628 for the
<br />Portsmouth Public Schools is hereby approved in the following revenues and expenditures:
<br />Portsmouth Public Schools Revenues
<br />City Funds ("Local Share")
<br />$75,642,160
<br />Council Priority Contingency (See § 8 of Ord)
<br />$3,104,586
<br />Federal Funds
<br />$650,000
<br />Other Funds
<br />$1,618,500
<br />State Sales Tax for Education
<br />$19,094,500
<br />State Revenue
<br />$109,905,078
<br />General Fund
<br />$210,014,824
<br />Grant Fund
<br />Food Services Fund
<br />Risk Management Fund
<br />Textbook Fund
<br />Revenue Total
<br />rorismouin runic scnoois txaenaitures
<br />$22,445,509_
<br />$11,242,350
<br />$23,600,000
<br />$1,986,945
<br />$269,289,628
<br />Instruction
<br />$148,394,952
<br />Administration, Attendance, and Health
<br />$13,603,671
<br />Pupil Transportation
<br />$9,069,952
<br />Operation and Maintenance
<br />$23,481,225
<br />Debt and Fund Transfers
<br />$5,220,159
<br />Technology
<br />$10,244,865
<br />Total General Fund:
<br />$210,014,824
<br />Total School Grant Fund $22,445,509_
<br />Total School Food Services Fund $11,242,350
<br />Total School Risk Management Fund $23,600,000
<br />Total School Textbook Fund $1,986,945
<br />Expenditures Total $269,289,628
<br />2. That the sum of $210,014,824 be, and the same hereby is, appropriated to the
<br />PPS General Fund for Fiscal Year 2025.
<br />
|