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Designated Expenditures <br />City/School Contracts: School Building Maintenance $3,280,371 <br />City/School Contracts: Pupil Transportation 2,332,687 <br />Transfer to Capital Projects Fund 4,575,000 <br />Transfer to Facilities Repair Fund 550,000 <br />Transfer to Equipment Replacement Fund 211,826 <br />Transfer to Debt Service Fund - Meals Tax Revenue 1,725,000 <br />.Total Designated Expenditures; $12;674;884• <br />Economic Downturn Fund <br />Economic Downturn Fund $2,795,805 <br />—��^—��' p $2,795,805 <br />Total Economic Ddwnturn Fund Ex enditures <br />Total General Fund Expenditures $142,443,480 <br />C. Of the sum of $18,038,878 to be received in the General Fund from the County <br />of Albemarle under the revenue sharing agreement of May 24, 1982, $4,575,000 shall be <br />transferred to the Capital Projects Fund, $550,000 shall be transferred to the Facilities <br />Repair Fund and $211,826 shall be transferred to the Equipment Replacement Fund. <br />D. The amounts hereinabove appropriated for salary accruals, education, training <br />• and employee benefits, or portions thereof, may on authorization from the City Manager, <br />or his designee, be transferred by the Director of Finance or the Budget Director to any <br />departmental account, and notwithstanding any other provision of this resolution to the <br />contrary, be expended for salaries or employee benefits in such account in the manner as <br />sums originally appropriated thereto. <br />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. In addition, one cent of the four -cent meals tax (25% of the meals <br />tax revenue) will be deposited into the Debt Service Fund to be reserved for debt service <br />on a future bond issues. <br />G. The amount above appropriated as a Council Priority Initiatives shall not be <br />deemed to expire at the end of the fiscal year, but are hereby appropriated in the ensuring <br />fiscal year unless altered by further action of City Council. <br />H. The amount above appropriated as Ivy Landfill Remediation shall not be <br />deemed to expire at the end of the fiscal year, but are hereby appropriated in the ensuing <br />fiscal year unless altered by further action of City Council. <br />0 <br />