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<br /> A. The Debt Service Fund shall serve as a permanent reserve for the payment of
<br />principal and interest of bonds, notes and other evidences of indebtedness and the cost of
<br />issuance thereof issued by the City pursuant to its charter and/or the Virginia Public
<br />Finance Act.
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<br /> B. The sum of $5,714,000 transferred to such fund by Part II of this resolution, as
<br />well as the designated Meals Tax transfer (estimated at $1,550,000) and a contribution
<br />from the Fire Department ($250,000), or as much thereof as may be necessary, is hereby
<br />appropriated to pay such debt service expenses during the fiscal year beginning July 1,
<br />2006 and ending June 30, 2007.
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<br /> C. Appropriations in the Debt Service Fund shall be deemed continuing
<br />appropriations, and balances remaining in such fund at the end of each fiscal year shall be
<br />carried forward to pay principal and interest due on City obligations and costs associated
<br />with the issuance of those obligations in future years. However, this reserve fund has
<br />been voluntarily created by City Council and is not required by state statute or by the
<br />provisions of any existing bond ordinance, covenant or indenture. Accordingly,
<br />appropriations thereto and balances therein may be reduced by future action of this
<br />council.
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<br /> X. SPECIAL REVENUE FUND APPROPRIATIONS
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<br /> BE IT RESOLVED by the Council of the City of Charlottesville, that the following
<br />appropriations are hereby approved for agency expenditures accounted for as separate
<br />funds on the books of the City, for their respective programs during the fiscal year
<br />beginning July 1, 2006 and ending June 30, 2007; the City contribution to each such fund
<br />having hereinabove been appropriated from the General Fund:
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<br /> A. There is hereby appropriated from the Charlottesville/Albemarle Convention
<br />and Visitors Bureau Fund, for the operation of the Charlottesville/Albemarle Convention
<br />and Visitors Bureau during such fiscal year, the sum of $994,681 or the amount of
<br />revenue actually received by such fund, whichever shall be the lesser amount.
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<br /> B. There is hereby appropriated from the Community Attention Fund, for the
<br />operation of the Community Attention Homes and related programs during such fiscal
<br />year, the sum of $2,247,029, or the amount of revenue actually received by such fund,
<br />whichever shall be the lesser amount.
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<br /> C. There is hereby appropriated from the Social Services Fund, for the operation
<br />of the Department of Social Services during such fiscal year, the sum of $13,446,156, or
<br />the amount of revenue actually received by such fund, whichever shall be the lesser
<br />amount.
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<br /> D. There is hereby appropriated from the Comprehensive Services Act Fund, for
<br />the operation of the Comprehensive Services Act entitlement program, the sum of
<br />$8,309,578, or the amount of revenue actually received by such fund, whichever shall be
<br />the lesser amount.
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<br /> E. There is hereby appropriated from the Commission on Children and Families
<br />Fund, for the operation of the Commission on Children and Families program, the sum of
<br />$906,025, or the amount of revenue actually received by such fund, whichever shall be
<br />the lesser amount.
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<br /> Each such special revenue fund appropriation shall be deemed effective July 1,
<br />2006. Except as is otherwise expressly provided herein, the balance of any General Fund
<br />contribution to such funds not expended or encumbered as of June 30, 2007 shall be
<br />deemed to revert to the unappropriated balance of the General Fund, unless the Council
<br />by resolution provides that any such sum shall be deemed a continuing appropriation.
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<br /> XI. INTERNAL SERVICES FUND APPROPRIATION
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