Minutes 05/12/2020 - Laserfiche WebLink

Home Browse Search

May 12, 2020  Portsmouth Public Schools -- The City Council adopted the School Funding Formula on February 25, 2020 which will provide the dedicated funding (local contribution) moving forward for education. This local contribution of $56,725,696 may change due to COVID-19 economic impacts on the City’s revenues. This information has been shared in a letter to the Superintendent of Portsmouth Public Schools, City Council and the Portsmouth School Board. A recommendation may include a quarterly appropriation schedule approved by City Council contingent upon revenue collection gains and/or losses (revenue true-up) beyond projected revenue estimates each quarter. This funding in total for FY2021 for this purpose will not exceed the proposed local share of $56,725,696. Recommended Action:  Adoption of the attached ordinances and resolution. Next Steps Following Council Action:  The City Manager has ultimate responsibility and authority for the implementation of the Annual Operating Budget and the Capital Improvement Plan. The Chief Financial Officer has day-to-day responsibility for ensuring the budget is spent as appropriated by the City Council.  The city will transfer on a monthly basis in equal amounts the local share of the annual appropriation to the Portsmouth Public Schools.  The Annual Action Plan will be submitted to HUD by May 15, 2020. HUD has a 45- day comment period and the FY 2021 Program Year will start July 1, 2020. Motion by Ms. Lucas-Burke, and seconded by Ms. Psimas to adopt the following ordinance, and was adopted by the following vote: 1. Tracey Boone, 942 Vermont Avenue, commented in opposition to proposed tax increases. 2. Christopher Weiss, commented in opposition to proposed tax increases. 3. Dan Evans, 475 Water Street, commented in opposition to proposed tax increases. 4. Mark Geduldig-Yatrofsky, P. O. Box 50141, asked that the budget adoption be delayed. 5. Danny Clair, 30 Harbor Road, commented in opposition to cutting benefits to retired employees. 6. Nicole Carney, commented in opposition to proposed tax increases. 7. Tim Ferry, commented in opposition to proposed tax increases. 8. Gabriel Hall, 3315 Carney Farm Lane, commented in opposition to proposed tax increases. 9. Nate Tony, 4140 Bishops Place, commented in opposition to proposed tax increases. 10. Chip Wright, 907 Sacony Street, commented in opposition to proposed tax increases. 11. Deborah Brown, 3728 Burr Lane, commented in opposition to proposed tax increases. 12. Mitch Klau, 3508 Gentle Road, commented in opposition to proposed tax increases. 13. Elizabeth Logan, 6 Algonquin Street,commented in opposition to proposed tax increases. 14. Terrence Alston, 5936 Hampshire Green, commented in opposition to proposed tax increases.