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ORDINANCE NO. 2024-06 <br />AN ORDINANCE ACCEPTING AN ALLOCATION OF $631,384 FROM THE STATE <br />COMPENSATION BOARD AND APPROPRIATING $313,911 TO THE JUDICIAL <br />CATEGORY AND $317,473 TO THE GENERAL GOVERNMENT CATEGORY OF THE <br />FY 2024 GENERAL FUND BUDGET FOR THE PURPOSE OF FUNDING TARGETED <br />SALARY INCREASES FOR STATE -SUPPORTED LOCAL EMPLOYEES. <br />BE IT ORDAINED by the Council of the City of Portsmouth, Virginia: <br />That it accepts an allocation of $631,384 from the State Compensation Board. <br />2. That it appropriates $313,911 of said allocation to the Judicial Category of the FY <br />2024 General Fund Budget. <br />3. That it appropriates $317,473 of said allocation to the General Government <br />Category of the FY 2024 General Fund Budget. <br />4. That the funds so appropriated shall be used to fund state -approved targeted salary <br />increases for state -supported local employees. <br />5. That estimated expenditures in the Judicial Category of the FY 2024 General Fund <br />Budget are increased by $313,911. <br />6. That estimated expenditures in the General Government Category of the FY 2024 <br />General Fund Budget are increased by $317,473. <br />7. That estimated State Shared Expense Revenues in the FY 2024 General Fund <br />Budget are increased by $631,384. <br />8. That this ordinance shall take effect on the date of adoption. <br />ADOPTED by the Council of the City of Portsmouth, Virginia at a meeting held on <br />January 23, 2024. <br />Teste: <br />City Clerk <br />