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3. That the sum of $25,063,556 be, and the same hereby is, appropriated to the PPS <br />Grant Fund for Fiscal Year 2026. <br />4. That the sum of $12,258,558 be, and the same hereby is, appropriated to the PPS <br />Food Services Fund for Fiscal Year 2026. <br />5. That the sum of $23,700,000 be, and the same hereby is, appropriated to the PPS <br />Risk Management Fund for Fiscal Year 2026. <br />6. That the sum of $1,931,881 be, and the same hereby is, appropriated to the PPS <br />Textbook Fund for Fiscal Year 2026. <br />7. That the FY 2026 Local Share shall be delivered to Portsmouth Public Schools <br />in twelve equal monthly payments. <br />8. That the appropriation of any funds other than the Local Share to Portsmouth <br />Public Schools by this or any other ordinance shall be subject to and conditioned upon the <br />receipt of those funds from the federal government, the state government, or any other <br />source of Portsmouth Public Schools Revenues as shown in Section 1 above. <br />9. That, except to the extent provided by Ordinance 2024-138 adopted on <br />December 10, 2024, all unspent appropriations under this ordinance or any ordinance <br />appropriating funds for the FY 2026 Portsmouth Public Schools budget shall lapse at the <br />end of the fiscal year, as provided under Section 22.1-100(A) of the Code of Virginia. <br />Except to the extent provided by Ordinance 2024-138, funds encumbered but unpaid by the <br />end of the fiscal year will be deemed unspent appropriations that will require re - <br />appropriation by the City Council. <br />10. That this ordinance shall take effect on July 1, 2025. <br />ADOPTED by the Council of the City of Portsmouth, Virginia at a meeting held <br />on May 13, 2025. <br />Teste: <br />City Clerk. <br />