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11
<br />2.Appropriate $5,000,000 in the FY 2009 Capital Projects Fund and increase
<br />bonds authorized in the FY 2009 Capital Projects Fund.
<br />
<br />3.The above changes do not affect the City’s Capital Projects Fund other than
<br />to move the appropriation and bonds previously authorized to 2009 from prior years.
<br />
<br /> D. The Capital Projects Fund 2009-2013 will reflect the budget delineations set
<br />forth below for Fiscal Year 2008-2009.
<br />
<br />The Capital Projects Fund grouped by area:
<br />
<br />
<br />Revenue
<br />
<br />Transfer from General Fund$4,803,882
<br />FY 2007 Fund Balance Surplus5,500,000
<br />
<br />Contribution from Albemarle County81,500
<br />
<br />Contribution from City Schools200,000
<br />
<br />CY 2009 Bond Issue13,737,000
<br />
<br />CY 2009 Bond Issue (Transfer of bonds previously
<br />authorized in FY 2006 and FY 2007)5,000,000
<br />
<br />
<br />TOTAL REVENUE
<br />$29,322,382
<br />
<br />
<br />Expenditures
<br />
<br />Education$1,942,566
<br />
<br />Economic Development154,500
<br />
<br />Neighborhood Improvements120,000
<br />
<br />Public Safety and Justice3,500,000
<br /> Facilities Capital Projects1,522,417
<br />Transportation and Access4,838,289
<br />
<br />Parks and Recreation9,010,500
<br />
<br />Stormwater Initiatives275,000
<br />
<br />Technology Infrastructure50,000
<br />Charlottesville Housing Fund1,400,000
<br />
<br />Jefferson School (Transfer of expenditures previously
<br />
<br />authorized in FY 2006 and FY 2007)5,000,000
<br />
<br />Capital Contingency Account
<br />1,509,110
<br />
<br />TOTAL EXPENDITURES
<br />$29,322,382
<br />
<br /> E. Of the $1,509,110 budgeted in FY 2009 for the Capital Contingency Account,
<br />$125,000 shall be reserved for a proposed Energy Conservation Grant/Loan Program and
<br />is subject to future Council action and appropriation once a recommendation is presented
<br />
<br />by the Citizens Commission on Environmental Sustainability.
<br />
<br /> XIII. GAS FUND APPROPRIATION
<br />
<br /> BE IT RESOLVED by the Council of the City of Charlottesville, that there is
<br />hereby appropriated from the Gas Fund, for the operation of the gas utility during the
<br />fiscal year beginning July 1, 2008 and ending June 30, 2009, the sum of $36,448,994 or
<br />the amount of revenue actually received by such fund, whichever is the greater amount.
<br />Such appropriation shall be effective July 1, 2008.
<br />
<br /> XIV. WATER FUND APPROPRIATION
<br />
<br /> BE IT RESOLVED by the Council of the City of Charlottesville, that there is
<br />hereby appropriated from the Water Fund, for the operation of the water utility during the
<br />fiscal year beginning July 1, 2008 and ending June 30, 2009, the sum of $11,779,283, or
<br />the amount of revenue actually received by such fund, whichever is the greater amount.
<br />Such appropriation shall be effective July 1, 2008.
<br />
<br /> XV. WASTEWATER FUND APPROPRIATION
<br />
<br /> BE IT RESOLVED by the Council of the City of Charlottesville, that there is
<br />hereby appropriated from the Wastewater Fund, for the operation of the wastewater
<br />utility during the fiscal year beginning July 1, 2008 and ending June 30, 2009, the sum of
<br />$12,787,894, or the amount of revenue actually received by such fund, whichever is the
<br />greater amount. Such appropriation shall be effective July 1, 2008.
<br />
<br />
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