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i XIII. GAS FUND APPROPRIATION
<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, 2006 and ending June 30, 2007, the sum of $34,499,479 or
<br />the amount of revenue actually received by such fund, whichever is the greater amount.
<br />Such appropriation shall be effective July 1, 2006.
<br />XIV. WATER FUND APPROPRIATION
<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, 2006 and ending June 30, 2007, the sum of $9,288,025, or
<br />the amount of revenue actually received by such fund, whichever is the greater amount.
<br />Such appropriation shall be effective July 1, 2006.
<br />XV. WASTEWATER FUND APPROPRIATION
<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, 2006 and ending June 30, 2007, the sum of
<br />• $7,770,575, or the amount of revenue actually received by such fund, whichever is the
<br />greater amount. Such appropriation shall be effective July 1, 2006.
<br />XV. UTLITIES FUNDS DEBT SERVICE APPROPRIATION
<br />BE IT RESOLVED by the Council of the City of Charlottesville, that there is
<br />hereby appropriated from the Utilities Funds (Gas, Water and Wastewater) for the
<br />payment of principal and interest of bonds, notes and other evidences of indebtedness and
<br />the cost of issuance thereof issued by the City pursuant to its charter and/or the Virginia
<br />Public Finance Act., during the fiscal year beginning July 1, 2006 and ending June 30,
<br />2007, the following sums in each fund or the amount of revenue actually received by
<br />such fund, whichever is the greater amount. Such appropriation shall be effective July 1,
<br />2006. However, such appropriation shall not be deemed to expire at the end of the
<br />fiscal year, but shall continue in effect unless altered by further action of this Council.
<br />A. There is hereby appropriated from the Gas Debt Service Fund, the sum of
<br />$940,000 as revenue (transfer from Gas Fund) and $1,238,668 in principle and interest
<br />payments.
<br />B. There is hereby appropriated from the Wastewater Debt Service Fund the sum
<br />of $430,000 in revenue (transfer from the Wastewater Fund), $1,500,000 in anticipated
<br />bond proceeds and $437,058 in principle and interest payments.
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