Minutes 05/08/2018 - Laserfiche WebLink

Home Browse Search

May 8, 2018 Capital Improvement Program  On March 26, 2018, the City Manager presented the proposed Capital Improvement Program (CIP) for Fiscal Years 2019 – 2023 and the funding for year one appropriating the necessary funds in the Capital Improvement Fund and the Public Utility Capital Improvement Fund. The budget was discussed in City Council Work Sessions during April and public hearings held on April 10 and April 24, 2018. Portsmouth Public Schools  On March 26, 2018, the City Manager presented the proposed Fiscal Year 2019 Operating Budget to City Council, including recommended city funding for School operations. The budget was discussed in City Council work sessions during April and public hearings were held on April 10 and April 24. City Council has indicated again that an appropriation of the Portsmouth Public School budget will be allocated by category, on a quarterly basis (with the exception of the grants fund, which is proposed to be appropriated on an annual basis). The attached ordinance is reflective of this action. This separate ordinance is required in order to appropriate both the total School Budget and the city’s local funding for education, which is allocated from the general fund budget. Discussion: City Operating Budget  The Ordinances necessary to adopt the Fiscal Year 2019 Operating Budget are attached to this report for City Council action as follows: a. Adoption of an ordinance to re-enact Ordinance No. 2017-25 to impose and levy taxes for the fiscal year beginning July 1, 2018 and ending June 30, 2019, on real estate, tangible personal property, privately-owned pleasure boats, privately- owned camping trailers and motor homes, and machinery and tools within the City of Portsmouth, Virginia, for the purpose of raising revenue for the support of governmental operations and the public free schools and to pay principal and interest on the public debt. The ordinance re-ordains the current tax on real estate and public service corporations at $1.30 on each $100.00 assessed valuation. b. Adoption of an ordinance to make a technical amendment to Appendix A of the Code of the City of Portsmouth, Virginia (2006) to reflect the execution of a contract with the City of Chesapeake in 2017 for the provision of water and to amend Appendix A to eliminate the current charge for Ambulance Billing – IV Supplies. $ c. Adoption of an ordinance to appropriate 431,621,790for the operation of city government during the fiscal year beginning July 1, 2018. d. Adoption of a resolution approving the Community Planning and Development 2019 Annual Action Plan of the city of Portsmouth, Virginia, and authorizing the City Manager to file documents required to obtain the city’s Community Planning and Development Grant entitlements. e. Adoption on an Ordinance adopting the Fiscal Year 2019 Classification and Pay Plan for the employees of the city of Portsmouth, VA. Capital Improvement Program  For Fiscal Year 2019, upon adoption by Council the funding is authorized by appropriation.  Fiscal Years 2020-2023 of the Capital Improvement Program are approved but not appropriated years and are used for long-term planning purposes and approved as planning years. f. Adoption of an ordinance approving the Fiscal Year 2019-2023 Capital Improvement Program and appropriating $38,140,062in the Fiscal Year 2019 Capital Improvement Fund; $56,800,000 in the Fiscal Year 2019 Public Utilities Capital Improvement Fund and $250,000 in the Fiscal Year 2019 Parking Authority Capital Improvement Fund.