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2003_Appropriations
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2003_Appropriations
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the General Fund, unless this Council by resolution provides that any such sum shall be a <br />• continuing appropriation. <br />G. 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 />H. Sums appropriated in the General Fund which have not been encumbered or <br />expended as of June 30, 2004 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 />I. The proceeds of the sale of any real property to be used for parking shall be <br />appropriated to the "Strategic Investments Account" account in the Capital Fund. <br />J. Budgeted revenues for Parking Fines in excess of $405,000 as of June 30, 2004 <br />shall be transferred from the General Fund to the "Parking Account" in the Capital Fund. <br />K. An amount equal to 25% of the meals tax revenue will be deposited into the <br />Capital Fund. <br />• III. HEALTH BENEFITS FUND APPROPRIATION <br />BE IT RESOLVED by the Council of the City of Charlottesville: <br />There is hereby appropriated from the Health Benefits Fund sums received by said <br />Fund from individual departments and agencies for the payment of health and medical <br />benefit 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, 2004, 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 />1V. TRANSIT FUND APPROPRIATION <br />BE IT RESOLVED by the Council of the City of Charlottesville, that there is <br />hereby appropriated from the Transit Fund, for the operation of the transit bus system <br />during the fiscal year beginning July 1, 2003 and ending June 30, 2004, the sum of <br />$3,435,054 or the amount of revenue actually received by such fund, whichever is the <br />greater amount. Such appropriation shall be effective July 1, 2003. <br />V. RISK MANAGEMENT APPROPRIATION <br />11 <br />
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