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WHEREAS, it is the long-standing policy of the City of Charlottesville <br />that unencumbered balances in all expenditure accounts of the City's General <br />Fund• should revert to such General FundFat the close of each fiscal year; <br />and <br />WHEREAS, this policy has not always been applied in the past to the <br />General Fund appropriation to the city school system; <br />NOW, THEREFORE, BE IT RESOLVED by the Council of the City of <br />Charlottesville that the School Board of the City.of Charlottesville be, directed <br />to institute the practice of returning to the General Fund of the City any <br />unencumbered balance in the school system accounts at the cease of each <br />fiscal year, and that such practice be followed with regard to the sum of <br />$94,208, which represents the total of such unencumbered balances for fiscal <br />years 1976 and 1977. <br />Adopted by the Council <br />October 20, 1977 <br />Copy Teste: <br />Clerk <br />i <br />1. <br />• <br />