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1995_Ordinances
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1995_Ordinances
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• C. Appropriations in the Debt Service Fund shall be deemed continuing appropriations, and <br />balances remaining in such fund at the end of each fiscal year shall be carried forward to pay principal <br />and interest due on City obligations and costs associated with the issuance of those obligations in future <br />years. However, this reserve fund has been voluntarily created by City Council and is not required by <br />state statute or by the provisions of any existing bond ordinance, covenant or indenture. Accordingly, <br />appropriations thereto and balances therein may be reduced by future action of this council. <br />IX. SPECIAL REVENUE FUND APPROPRIATIONS <br />BE IT RESOLVED by the Council of the City of Charlottesville, that the following appropriations <br />are hereby approved for agency expenditures accounted for as separate funds on the books of the City, <br />for their respective programs during the fiscal year beginning July 1, 1995 and ending June 30, 1996; the <br />City contribution to each such fund having hereinabove been appropriated from the General Fund: <br />A. There is hereby appropriated from the Charlottesville/Albemarle Convention and Visitors <br />Bureau Fund, for the operation of the Charlottesville/Albemarle Convention and Visitors Bureau during <br />such fiscal year, the sum of $256,932, or the amount of revenue actually received by such fund, <br />whichever shall be the lesser amount. <br />B. There is hereby appropriated from the School Pupil Transportation Fund, for the operation of <br />• public school pupil transportation during such fiscal year, the sum of $1,219,463, or the amount of <br />revenue actually received by such fund, whichever shall be the lesser amount. From the last mentioned <br />amount, the sum of $190,500 shall be allocated as follows: (1) a sum sufficient to pay the debt service <br />on the lease or purchase of three school buses shall be transferred to the Debt Service Fund; and (2) the <br />remainder shall be transferred to the Equipment Replacement Fund and reserved for the future <br />replacement of school buses. <br />C. There is hereby appropriated from the Community Attention Fund, for the operation of the <br />Community Attention Homes and related programs during such fiscal year, the sum of $1,129,334, or <br />the amount of revenue actually received by such fund, whichever shall be the lesser amount. <br />D. There is hereby appropriated from the Social Services Fund, for the operation of the <br />Department of Social Services during such fiscal year, the sum of $4,609,451, or the amount of revenue <br />actually received by such fund, whichever shall be the lesser amount. <br />Each such special revenue fund appropriation shall be deemed effective July 1, 1995. Except as is <br />otherwise expressly provided herein, the balance of any General Fund contribution to such funds not <br />expended or encumbered as of June 30, 1996 shall be deemed to revert to the unappropriated balance of <br />the General Fund, unless the Council by resolution provides that any such sum shall be deemed a <br />continuing appropriation. <br />0 <br />
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