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1987-04-14
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1987-04-14
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City Council
Meeting Date
4/14/1987
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Minutes
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179 <br /> <br />originally appropriated thereto. <br /> <br /> D. The portiOns of the foregoing appropriations to <br />individual departments or agencies intended for motor <br />vehicles and related equipment shall be transferred to the <br />Equipment Replacement Fund for expenditure as hereinafter <br />provided. <br /> <br /> E. The amount above appropriated for Debt Payment shall <br />be transferred to the Debt Service Fund. <br /> <br /> F. In addition to the foregoing appropriations, the sum <br />of $1,040,087 is hereby transferred from the unappropriated <br />balance of the General Fund to the Capital Projects Fund. <br /> <br /> G. Sums appropriated in the General Fund which have not <br />been encumbered or expended as of June 30, 1988, shall be <br />deemed to revert to the unappropriated balance of the General <br />Fund, unless this Council by resolution provides that any <br />such sum shall be a continuing appropriation. <br /> <br />III. TRANSIT FUND APPROPRIATION <br /> <br /> BE IT RESOLVED by the Council of the City of Charlottes- <br />ville, that there is hereby appropriated from the Transit <br />Fund, for the operation of the transit bus system during the <br />fiscal year beginning July 1, 1987 and ending June 30, 1988, <br />the sum of $1,350,023, or the amount of revenue actually <br />received by such fund, whichever is the greater amount. Such <br />appropriation shall be effective July 1, 1987. <br /> <br />IV. RISK MANAGEMENT APPROPRIATION <br /> <br /> BE IT RESOLVED by the Council of the City of Charlottes- <br />ville, that all sums previously appropriated to the Risk <br />Management Fund, and all sums received by such fund as payment <br />from other City funds, including the sum of $95,000 <br />transferred from Albemarle County revenue sharing recepts in <br />the General Fund, are hereby appropriated for the uses <br />prescribed for such fund, pursuant to the terms of, and <br />subject to the limitations imposed by Article XVIII of Chapter <br />2 of the Code of the City of Charlottesville, 1976, as <br />amended. <br /> <br />V. EQUIPMENT REPLACEMENT FUND APPROPRIATION <br /> <br /> BE IT RESOLVED by the Council of the City of Charlottes- <br />ville: <br /> <br /> There is hereby appropriated from the Equipment <br />Replacement Fund other sums received by such fund as payment <br />from other City funds, for the lease, financing or purchase <br />of motor vehicles and related equipment and for accumulation <br />of a reserve for future equipment purchases during the fiscal <br />year beginning July 1, 1987 and ending June 30, 1988. Such <br />appropriation shall be effective July 1, 1987~ provided that <br />such appropriations shall not be deemed to expire at the end <br />of such fiscal year, but shall continue in effect unless <br />altered by further action of City Council. <br /> <br />VI. FACILITIES REPAIR FUND APPROPRIATION <br /> BE IT RESOLVED by the Council of the City of Charlottes- <br />ville: <br /> <br /> The sum of $400,000 transferred to the Facilities Repair <br />Fund under Part II of this resolution, and such other sums as <br />may be transferred to this fund from Other funds during the <br />fiscal year beginning July 1, 1987 are appropriated for <br />carrying out the purposes of this fund during that fiscal <br />year. However, such appropriation~shall not be deemed to <br />expire at the end of the fiscal year, but shall continue in <br />effect unless altered by further action of this Council. <br /> <br /> <br />
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