Minutes 09/12/2017 - Laserfiche WebLink

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September 12, 2017  $252,628 into the City’s Education Capital Improvement Project fund for the renovation of all Churchland Middle School restrooms.  As stated, these amounts are preliminary amounts and are estimates prior to the completion of the financial reporting process and external audit. Any changes to these amounts will be communicated to City Council. The following tables reflect the annual Risk Management Fund appropriation changes: Table 1 - Risk Management Fund FY 2018 Current Categories Appropriation Adjustments Revised Risk Management Fund 19,700,000 4,695,154 24,395,154 Total Risk Management Fund 19,700,000 4,695,154 24,395,154 Table 2 -Risk Management Fund First Quarter FY 2018 Categories Current Adjustments Revised Risk Management 4,925,000 4,695,154 9,620,154 Financial Impact:  The appropriation of these funds will increase the FY 2018 PPS Risk Management Fund by $4,695,154 to cover expenses and maintain a reserve for unexpected expenses. Recommended Action:  Re-appropriate a reserve of $4,695,154 to the PPS Risk Management Fund (to be accomplished by the ordinance proposed by this CFR).  As requested by PPS, re-appropriate $252,628 to the Education section of the FY 2018 Capital Improvement Fund and re-appropriate $636,000 to the PPS General Fund (each to be accomplished by separate ordinance).  The city and PPS agree to begin discussions to explore the feasibility of combining the Risk Management Fund for Workman’s Compensation, General Liability and Property coverage. Next Steps Following Council Action:  School Administration to revise Schools Budget and School Board to approve a budget transfer from Risk Management to the PPS General Fund.  Finance will complete the necessary budget adjustments. 1. Donna Sayegh, 3104 Garland Drive, spoke in opposition to this item. 2. Mark Geduldig-Yatrofsky, P. O. Box 50141, spoke in support of this item. Motion by Ms. Lucas-Burke, and seconded by Mr. Moody, to adopt the following ordinance, and was adopted by the following vote: “ORDINANCE TO RE-APPROPRIATE UNEXPENDED FUNDS FROM THE FY 2017 PORTSMOUTH PUBLIC SCHOOLS RISK MANAGEMENT FUND BUDGET IN THE TOTAL AMOUNT OF $4,695,154 INTO THE FY 2018 OVERALL AND FIRST QUARTER RISK MANAGEMENT FUND BUDGET FOR THE PORTSMOUTH PUBLIC SCHOOLS.” Ayes: Cherry, Clark, Lucas-Burke, Moody, Whitaker, Rowe Nays: Psimas 17 - 400 - Adoption of an ordinance accepting Jail Mental Health Program grant funding in the amount of $939,435 awarded by the Virginia Department of Criminal Justice Services and administered by the subrecipient, Hampton Roads Regional Jail, and appropriating said amount in the FY 2018 Grants Fund for use by the Department of Behavioral Healthcare Services to fund therapy and case management services at the Regional Jail.