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April 25, 2017
<br />
<br />“ORDINANCE TO AMEND AND REORDAIN ARTICLES II AND III OF CHAPTER 30
<br />OF THE CODE OF THE CITY OF PORTSMOUTH, VIRGINIA (2006) PERTAINING TO
<br />THE PORTSMOUTH SUPPLEMENTAL RETIREMENT SYSTEM AND THE FIRE AND
<br />POLICE RETIREMENT SYSTEM BY AMENDING SECTIONS 30-26, 30-100, 30-151,
<br />30-219, AND 30-221.”
<br />
<br />
<br />Ayes: Cherry, Clark, Lucas-Burke, Moody, Psimas, Whitaker, Rowe
<br />Nays: None
<br />
<br />17 - 188 - Adoption of an ordinance authorizing the amendment of the overall and
<br />fourth quarter FY 2017 Portsmouth Public Schools General Fund Operating
<br />Budgets through the transfer of $200,000 from the Administration Classification to
<br />the Pupil Transportation Classification and the transfer of $50,000 from the
<br />Administration Classification to the Operation and Maintenance Classification.
<br />
<br />Background:
<br />
<br /> On May 10, 2016, City Council approved the FY 2017 School Board Operating
<br />Budget of $191,810,233. City Council has appropriated funding for the budget by
<br />
<br />classification on a quarterly basis.
<br />
<br /> The Portsmouth School Board must obtain City Council approval for any transfer
<br />of funds from one classification of the budget to another.
<br />
<br />Discussion:
<br />
<br /> After a review of the expenditures for FY 2017, the Portsmouth School Board has
<br />determined that it is necessary to transfer funds from the Administration Classification
<br />into the Pupil Transportation and Operation and Maintenance Classifications to meet
<br />
<br />projected payroll obligations through the end of the fiscal year.
<br />
<br /> On April 6, 2017, the Portsmouth School Board passed a resolution requesting
<br />that City Council revise its categorical funding to reflect the following:
<br />
<br />Categories Current Category Appropriation
<br />Appropriation Adjustment Revision
<br />Instruction $108,477,773 $108,477,773
<br />Administration 8,425,595 (250,000) 8,175,595
<br />Pupil 6,539,374 200,000 6,739,374
<br />Transportation
<br />Operation and 15,990,022 50,000 16,040,022
<br />Maintenance
<br />Debt & Fund 4,613,862 4,613,862
<br />Transfers
<br />Technology 4,992,429 4,992,429
<br />Total General $149,039,055 $149,039,055
<br />Fund
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<br />
<br /> The transfers will apply to both the overall and Fourth Quarter FY 2017 PPS
<br />
<br />General Fund budgets.
<br />
<br />Financial Impact:
<br />
<br /> The transfers requested by the School Board will not increase the overall PPS
<br />
<br />budget.
<br />
<br />Staff Recommends:
<br />
<br /> Adoption of the ordinance.
<br />
<br />Next Steps Following Council Action:
<br />
<br /> The Finance Department and the Schools will complete the necessary budget
<br />
<br />adjustments.
<br />
<br />Motion by Ms. Lucas-Burke, and seconded by Mr. Moody, to adopt the following
<br />ordinance, and was adopted by the following vote:
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