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910 Community Development Fund Expenditures Community Development Block Grant HOME Total Appropriation Operating Budget Total Expenditures 1,563,930 455,398 $2,019,328 $561,203,959 3. That the Council Priority Contingency Expenditure line item hereby appropriated to the General Fund Budget (the "Priority Line Item") shall be utilized as follows, and in the following priorities. First, to the extent the Commonwealth of Virginia does not appropriate funding during Fiscal Year 2025 to provide Portsmouth Public Schools teachers and support staff with 3% raises (the "3% State Raises"), funding that has been appropriated to the Priority Line Item shall be made available to Portsmouth Public Schools for said purpose in an amount not to exceed $3,104,586. The funding should be made to Portsmouth Public Schools on a monthly basis; state money is to be used first, with unspent local funding returned to the City or reduced from the following monthly transfer. Second, to the extent of remaining funds appropriated to the Priority Line Item after any expenditure required for the 3% State Raises, but not to exceed $1,000,000, the funds shall be used to provide a credit against water bills for Portsmouth Public Utilities customers who receive water service within the city limits of Portsmouth (the "Water Credit"). Third, to the extent of remaining funds appropriated to the Priority Line Item after any expenditures required for the 3% State Raises and the Water Credit, the funds shall be used to provide a supplemental real estate tax credit for owners of property located in Portsmouth (the "Supplemental Real Estate Tax Relief'). Provided however that (a) any Supplemental Real Estate Tax Relief provided shall be in increments of not less than one half penny on the tax rate and (b) eligibility for Supplemental Real Estate Tax Relief shall be subject to the same terms and conditions that apply to the five cent per one hundred dollar real estate tax relief adopted simultaneously herewith by separate ordinance (except that the Supplemental Real Estate Tax Relief need not be applied to every quarterly tax bill if the City Manager determines that to be infeasible). The process and timing for the Water Credit (if any) and the Supplemental Real Estate Tax Relief (if any) shall be established by the City Manager. 4. That the appropriations hereby made shall be made available on the approval of the City Manager. 5. That the City Manager is hereby authorized at any time during the fiscal year to effect any consolidation of offices or to make other changes he/she may deem to be in the interest of the City, provided there is no overall increase in expenditures. 6. That all appropriations under this ordinance, with the exception of capital projects appropriations and grant fund appropriations, shall lapse at the end of the fiscal year. Appropriations for capital projects and grants shall not lapse at the end of the fiscal year and shall remain in effect until the completion of the project or grant, or until City Council, by appropriate ordinance or resolution, changes or eliminates the appropriation (or authorizes the change or elimination). Any appropriation made during FY 2024 other than to the Portsmouth Public Schools which has been lawfully encumbered and which the City Manager determines is necessary to remain in place shall be deemed re -appropriated by this ordinance and estimated revenues adjusted accordingly.