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V. TRANSIT FUND APPROPRIATION • BE IT RESOLVED by the Council of the City of Charlottesville, that there is hereby appropriated from the Transit Fund, for the operation of the transit bus system during the fiscal year beginning July 1, 2008 and ending June 30, 2009, the sum of $6,159,617 or the amount of revenue actually received by such fund, whichever is the greater amount. Such appropriation shall be effective July 1, 2008. BE IT FURTHER RESOLVED by the Council of the City of Charlottesville, that there is hereby appropriated from the Transit Fund, for the replacement of transit buses during the fiscal year beginning July 1, 2008 and ending June 30, 2009, the sum of $389,977 or the amount of revenue actually received for such purpose. However, such appropriation shall not be deemed to expire at the end of the fiscal year, but shall continue in effect unless altered by further action of this Council. Such appropriation shall be effective July 1, 2008. VI. RISK MANAGEMENT APPROPRIATION BE IT RESOLVED by the Council of the City of Charlottesville, that all sums previously appropriated to the Risk Management Fund, and all sums received by such fund as payment from other City funds, are hereby appropriated for the uses prescribed for such fund, pursuant to the terms of, and subject to the limitations imposed by Article V of Chapter 1 I of the Code of the City of Charlottesville, 1990, as amended. • VII. EQUIPMENT REPLACEMENT FUND APPROPRIATION BE IT RESOLVED by the Council of the City of Charlottesville: There is hereby appropriated from the Equipment Replacement Fund other sums received by such fund as payment from the General Fund, for the lease, financing or purchase of motor vehicles and related equipment and for accumulation of a reserve for future equipment purchases during the fiscal year beginning July 1, 2008 and ending June 30, 2009. Such appropriation shall be effective July 1, 2008; provided that such appropriations shall not be deemed to expire at the end of such fiscal year, but shall continue in effect unless altered by further action of City Council. Of the sums received by the Equipment Replacement Fund, a sum sufficient to service the debt on any pieces of general governmental equipment obtained under a master lease, credit line, or an installment purchase agreement shall be transferred to the Debt Service Fund. VIII. FACILITIES REPAIR FUND APPROPRIATION BE IT RESOLVED by the Council of the City of Charlottesville: The sum of $550,000 transferred to the Facilities Repair Fund from the General Fund, and such sums as may be transferred to the Facilities Repair Fund from other funds • during the fiscal year beginning July 1, 2008 are appropriated for carrying out the purposes of this fund during that fiscal year. However, such appropriation shall not be