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March 24, 2015
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<br />Next Steps Following Council Action:
<br />
<br /> The Chief of Police or his designee will provide asset forfeiture management and
<br />oversight.
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<br />Motion by Ms. Psimas, and seconded by Mr. Meeks, to adopt the following
<br />ordinance, and was adopted by the following vote:
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<br /> “ORDINANCE APPROPRIATING THE SUM OF $98,273 IN THE FY 2014-15 ASSET
<br />FORFEITURE FUND FOR USE BY THE PORTSMOUTH POLICE DEPARTMENT
<br />FOR VARIOUS LAW ENFORCEMENT PURPOSES.”
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<br />Ayes: Cherry, Edmonds, Meeks, Moody, Psimas, Whitaker, Wright
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<br />Nays: None
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<br />15 - 127 - Adoption of an ordinance to appropriate $40,325,841 by classification to
<br />the FY 2014-15 Operating Budget for the Portsmouth Public School System to
<br />implement the Fourth Quarter of the Approved Operating Budget, to appropriate
<br />$629,546 in additional funding for education, and to transfer funds between
<br />classifications.
<br />Vision Principle: Efficient, Responsive Government.
<br />
<br />Background:
<br />
<br /> On May 27, 2014, City Council approved the FY 2014-15 School Board
<br />Operating Budget of $161,303,358, and adopted the first quarterly budget appropriation
<br />of $40,325,841. City Council adopted the second quarterly appropriation on September
<br />23, 2014 and the third quarterly appropriation on December 9, 2014.
<br />
<br /> Funding for the fourth quarter of the School Budget, from April 1, 2015 – June 30,
<br />2015, must now be appropriated.
<br />
<br /> The Schools will receive additional state funding of $413,616, and $215,930 in
<br />reimbursements from PMA for monies previously held in escrow.
<br />
<br /> The School Board also requests a realignment of $418,256 between
<br />classifications of appropriation.
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<br />Discussion:
<br />
<br /> Beginning with the FY 2014-15 Budget, City Council is making quarterly
<br />appropriations of the Portsmouth Public School budget.
<br />
<br /> These appropriations will be made in conjunction with quarterly financial reports
<br />from the School Board to City Council.
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<br /> The fourth quarterly appropriation covers the period of April 1, 2015 – June 30,
<br />2015.
<br />
<br /> The additional $629,456 received by the Schools will also be included in the
<br />appropriation.
<br />
<br /> The School Board requests a realignment of $418,256 between classifications of
<br />appropriation, which is also reflected in the attached Ordinance.
<br />
<br />Financial Impact:
<br />
<br /> Funds are appropriated in the City’s FY 2014-15 General Fund to pay for the
<br />local contribution to the School System. The attached ordinance implements the fourth
<br />quarterly amount of the FY 2014-15 School Operating Budget, appropriates an
<br />additional $629,456, and realigns $418,256 between classifications.
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<br />Recommended Action:
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<br /> Adoption of the ordinance. Vision Principle: Efficient, Responsive Government.
<br />
<br />Next Steps Following Council Action:
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<br /> Finance and the Schools will complete the necessary budget adjustments.
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<br />1. Mark Geduldig-Yatrofsky, P. O. Box 50141, spoke in support of this item.
<br />
<br />Motion by Ms. Psimas, and seconded by Mr. Meeks, to adopt the following
<br />ordinance, and was adopted by the following vote:
<br />
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