Minutes 05/11/2021 - Laserfiche WebLink

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May 11, 2021 d) Adoption of an ordinance approving the Fiscal Year 2022-2026 Capital Improvement Program and appropriating $25,296,500 in the Fiscal Year 2022 Capital Improvement Fund. e) Adoption of an ordinance approving the Fiscal Year 2022 Operating Budget for the Portsmouth Public School System in the amount of $219,140,655 and appropriating the necessary funds to implement said budget for the Fiscal Year 2022. f) Adoption of an ordinance adopting the FY 2022 Classification and Pay Plan for Employees of the City of Portsmouth, Virginia. g) Adoption of an ordinance to appropriate $461,405,625 for the operation of city government during the fiscal year beginning July 1, 2021. Capital Improvement Program  Adoption of the proposed Ordinance by Council will appropriate the funding for Fiscal Year 2022 of the Capital Improvement Program..  Fiscal Years 2023-2026 of the Capital Improvement Program are approved for long-term planning purposes but not appropriated.  The Ordinance necessary to adopt the Fiscal Year 2022-2026 Capital Improvement Program is attached to this report for City Council action as item (d) identified above. Portsmouth Public Schools  The Ordinance necessary to adopt the Fiscal Year 2022 Portsmouth Public Schools Budget is attached to this report for City Council action as item (e) identified above. Financial Impact:  City Operating Budget--Per Section 3.16 of the City Charter, the budget must be in balance, with estimated expenditures equaling appropriations. The Proposed Operating Budget and Capital Improvement Budget for Fiscal Year 2022 comply with this law. Under the Operating Budget ordinance proposed for adoption, appropriations under the Budget will made available on the approval of the City Manager.  Capital Improvement Program -- The sums of $25,296,500 in the Capital Improvement Fund are appropriated for expenditures in the following categories and amounts: Drainage and Street Improvements $14,617,000 Leisure Services 1,075,000 Industrial and Economic Development 0 Municipal Facilities 7,604,500 Fleet Management 2,000,000 Capital Improvement Fund Total $25,296,500  Portsmouth Public Schools -- The local contribution to the Portsmouth Public School Board shall be $59,901,284, made in monthly transfers. 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. Motion by Dr. Whitaker, and seconded by Mr. Woodard, to adopt the following ordinance, and was adopted by the following vote: