Minutes 09/12/2017 - Laserfiche WebLink

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September 12, 2017 Recommended Action:  Adoption of the ordinance Next Steps Following Council Action:  The Finance Department 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 Mr. Moody, and seconded by Ms. Lucas-Burke, to adopt the following ordinance, and was adopted by the following vote: “ORDINANCE AMENDING THE EDUCATION CATEGORY OF THE FY 2018 CAPITAL IMPROVEMENT FUND BUDGET TO ESTABLISH THREE NEW PROJECTS AND APPROPRIATING FUNDS TO EACH, INCLUDING $2,308,838 TO THE INTERACTIVE WHITE BOARD PANELS PROJECT, $452,628 TO THE CHURCHLAND MIDDLE SCHOOL RESTROOM RENOVATION PROJECT, AND $550,000 TO THE JAMES HURST ELEMENTARY AND CHURCHLAND PRIMARY AND INTERMEDIATE ELEMENTARY SCHOOLS CLASSROOMS PROJECT.” Ayes: Cherry, Clark, Lucas-Burke, Moody, Psimas, Whitaker, Rowe Nays: None 17 - 396 - Adoption of an ordinance to re-appropriate unexpended funds from the FY 2017 Portsmouth Public Schools Grant Fund budget in the total amount of $328,447 into the FY 2018 Portsmouth Public Schools Grant Fund budget. Background:  Chapter 836 of the 2017 Appropriation Act overrides the Code of Virginia and permits school division that have met required local effort and required local match for FY 2017 to carry forward to FY 2018 any remaining state fund balances that are unexpended as of June 30, 2017. The Act reads as follows: “Any locality that has met its required local effort for the Standards of Quality accounts for FY 2017 and that has met its required local match for incentive or Lottery-funded programs in which the locality elected to participate in FY 2017 may carry over into FY 2018 any remaining state Direct Aid to Public Education fund balances available to help minimize any FY 2018 revenue adjustments that may occur in state funding to that locality. Localities electing to carry forward such unspent state fund must appropriate the funds to the school division for expenditure in FY 2018”. Discussion:  PPS has identified the following preliminary amounts of prefunded state grants which were unencumbered and unexpended as of June 30, 2017 and is requesting the City to re-appropriate the preliminary amounts for the following purposes:  $44,241 of unused funds from the Virginia Preschool Initiative for non-payroll needs (i.e. instructional supplies, staff development, etc.)  $31,224 of unused funds from the Early Reading Initiative for non-payroll needs  $41,250 of unused funds from the SOL Algebra Readiness Grant for math tutors.  PPS has also identified the preliminary amount of $211,732 of prefunded state grants which were encumbered but unexpended as of June 30, 2017.  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.