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2000_Appropriations
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2000_Appropriations
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CURRENT
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• E. The portions of the foregoing appropriations to individual departments or <br />agencies intended for motor vehicles and related equipment shall be transferred to the <br />Equipment Replacement Fund for expenditure as hereinafter provided. <br />F. The amount above appropriated for Debt Payment shall be transferred to the <br />Debt Service Fund. <br />G. Sums appropriated in the General Fund which have not been encumbered or <br />expended as of June 30, 2001, shall be deemed to revert to the unappropriated balance of <br />the General Fund, unless this Council by resolution provides that any such sum shall be a <br />continuing appropriation. <br />H. At the end of the current fiscal year, any unexpended portions of the foregoing <br />appropriations to individual departments or agencies intended for health and medical <br />benefit programs shall be transferred to a fund referred to below as the "Health Benefits <br />Fund." <br />I. Sums appropriated in the General Fund which have not been encumbered or <br />expended as of June 30, 2001 and are in excess of 12% of General Fund expenditures for <br />the next fiscal year shall be deemed to revert to the Capital Fund contingency account for <br />future one-time investments in the City's infrastructure as part of the year-end <br />• appropriation. <br />J. Budgeted revenues for interest Income in excess of $500,000 shall be included <br />as part of the General Fund transfer to the Capital Fund. For the fiscal year beginning <br />July 1, 2000, a sum of $250,000 shall be transferred from the General Fund to the Capital <br />Fund. <br />K. The proceeds of the sale of any real property to be used for parking shall be <br />appropriated to the "Strategic Investment Fund" account in the General Fund. <br />III. HEALTH BENEFITS FUND APPROPRIATION <br />BE IT RESOLVED by the Council of the City of Charlottesville, that there is <br />hereby appropriated from the Health Benefits Fund sums received by said Fund from <br />individual departments and agencies for the payment of health and medical benefit <br />program costs, and for insurance covering such costs, and in addition, for the <br />accumulation of a reserve for future expenditures to pay for such health and medical <br />benefit program costs. This appropriation shall be effective during the fiscal year ending <br />June 30, 2001, but shall not be deemed to expire at the end of that year. Instead, it shall <br />continue in effect unless altered by further action of City Council. <br />IV. TRANSIT FUND APPROPRIATION <br />0 <br />
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