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be effective July 1, 2009; provided that such appropriations shall not be deemed to expire at the
<br />end of such fiscal year, but are hereby appropriated in the ensuing fiscal year unless altered by
<br />further action of City Council. Of the sums received by the Equipment Replacement Fund, a
<br />sum sufficient to service the debt on any pieces of general governmental equipment obtained
<br />under a master lease, credit line, or an installment purchase agreement shall be transferred to the
<br />Debt Service Fund.
<br />
<br /> VIII. FACILITIES REPAIR FUND APPROPRIATION
<br />
<br />BE IT RESOLVED
<br /> by the Council of the City of Charlottesville:
<br />
<br /> The sum of $550,000 transferred to the Facilities Repair Fund from the General Fund, and
<br />such sums as may be transferred to the Facilities Repair Fund from other funds during the fiscal
<br />year beginning July 1, 2009 are appropriated for carrying out the purposes of this fund during
<br />that fiscal year. However, such appropriation shall not be deemed to expire at the end of the
<br />fiscal year, but are hereby appropriated in the ensuing fiscal year unless altered by further action
<br />of this Council.
<br />
<br /> IX. DEBT SERVICE FUND APPROPRIATION
<br />
<br />BE IT RESOLVED
<br /> by the Council of the City of Charlottesville:
<br />
<br /> A. The Debt Service Fund shall serve as a permanent reserve for the payment of principal
<br />and interest of bonds, notes and other evidences of indebtedness and the cost of issuance thereof
<br />issued by the City pursuant to its charter and/or the Virginia Public Finance Act.
<br />
<br /> B. The sum of $6,692,000 transferred to such fund by Part II of this resolution, as well as
<br />the designated Meals Tax transfer (estimated at $1,725,000), or as much thereof as may be
<br />necessary, is hereby appropriated to pay such debt service expenses during the fiscal year
<br />beginning July 1, 2009 and ending June 30, 2010.
<br />
<br /> C. Appropriations in the Debt Service Fund shall be deemed continuing appropriations,
<br />and balances remaining in such fund at the end of each fiscal year shall be carried forward to pay
<br />principal and interest due on City obligations and costs associated with the issuance of those
<br />obligations in future years. However, this reserve fund has been voluntarily created by City
<br />Council and is not required by state statute or by the provisions of any existing bond ordinance,
<br />covenant or indenture. Accordingly, appropriations thereto and balances therein may be reduced
<br />by future action of this council.
<br />
<br /> X. SPECIAL REVENUE FUND APPROPRIATIONS
<br />
<br />BE IT RESOLVED
<br /> by the Council of the City of Charlottesville, that the following
<br />appropriations are hereby approved for agency expenditures accounted for as separate funds on
<br />the books of the City, for their respective programs during the fiscal year beginning July 1, 2009
<br />and ending June 30, 2010; the City contribution to each such fund having hereinabove been
<br />appropriated from the General Fund:
<br />
<br /> A. There is hereby appropriated from the Charlottesville/Albemarle Convention and
<br />Visitors Bureau Fund, for the operation of the Charlottesville/Albemarle Convention and Visitors
<br />Bureau during such fiscal year, the sum of $1,284,070 or the amount of revenue actually
<br />received by such fund, whichever shall be the lesser amount.
<br />
<br /> B. There is hereby appropriated from the Community Attention Fund, for the operation of
<br />the Community Attention Homes and related programs during such fiscal year, the sum of
<br />$3,724,649, or the amount of revenue actually received by such fund, whichever shall be the
<br />lesser amount.
<br />
<br /> C. There is hereby appropriated from the Social Services Fund, for the operation of the
<br />Department of Social Services during such fiscal year, the sum of $14,156,263, or the amount of
<br />revenue actually received by such fund, whichever shall be the lesser amount.
<br />
<br /> D. There is hereby appropriated from the Comprehensive Services Act Fund, for the
<br />operation of the Comprehensive Services Act entitlement program, the sum of $11,489,770, or
<br />the amount of revenue actually received by such fund, whichever shall be the greater amount.
<br />
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