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2000-04-11
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2000-04-11
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8/16/2002 4:36:32 PM
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City Council
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4/11/2000
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Minutes
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57 <br /> <br />From the unappropriated balance of the General Fund, the <br />following one-time transfers which total $3,200,000 are <br />authorized: <br /> <br />Transfer to the Economic Development Initiative account in the <br /> Capital Fund <br />Transfer to the Schools Unallocated account in the Capital Fund <br /> <br />$1,600,000 <br />$1,600,000 <br /> <br /> C. Of the sum of $6,093,101 to be received in the General Fund from the County <br />of Albemarle under the revenue sharing agreement of May 24, 1982, $3,100,000 shall be <br />transferred to the Capital Projects Fund, and $300,000 shall be transferred to the <br />Facilities Repair Fund. <br /> <br /> D. The amounts hereinabove appropriated for sahries, education, training, pay- <br />for~performance increases and employee benefits, or portions thereof, may on <br />authorization from the City Manager be transferred by the Director of Finance to any <br />departmental account, and notwithstanding any other provision of this resolution to the <br />cOntraw, be expended for salaries or employee benefits in such account in the manner as <br />sums originally appropriated thereto. <br /> <br /> E. The portions of the fbregoing 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 /> <br /> F. The amount above appropriated for Debt Payment shall be transferred to the <br />Debt Service Fund. <br /> <br /> G, Sums appropriated in the General Fund which have not been en~:umbered or <br />expended as of June 30, 2001, shall be deemed to revert to the unappropriated balance of <br />the General Fund, unless this Council by resolution provides that any such sum shall be a <br />continuing appropriation. <br /> <br /> H. gzt the end of the current fiscal year, any unexpended portions of the foregoing <br />appropriations to individual departments or agencies intended for health and medical <br />benefit programs shall be transferred to a fired referred to below as the "Health Benefits <br />Fund." <br /> <br /> I. Sm, ns appropriated in the General Fund which have not been encumbered or <br />expended as of June 30, 2001 and are in excess of 12% of General Fund expenditures for <br />the next fiscal year shall be deemed to revert to the Capital Fund contingency account for <br />future one-time investments in the City's infrastructure as part of the year-end <br />appropriation. <br /> <br /> J. Budgeted revenues for Interest Income in excess of $500,000 shall be included <br />as part of the General Fund transfer to the Capital Fund. For the fiscal year beginning <br />July I, 2000, a sum of $250,000 shall be transferred from the General Fund to the Capital <br />Fund. <br /> <br /> 1<2 The proceeds of the sale of any real property to be used for parking shall be <br />appropriated to the "Strategic Investment Fund" account in the General Fund. <br /> <br />III. HEALTH BENEFITS F..UND APPROPRIATION <br /> <br /> BE IT RESOLVED by the Council of the City of Charlottesville, that there is <br />hereby appropriated from the Health Benefits Fund sums received by said Fund from <br />Lndividual departments and agencies for the payment of health and medical benefit <br />program costs, and for insurance coveting such costs, and in addition, for the <br />accumulation ora reserve, for future expenditures to pay for such health and medical <br />benefit program costs. This appropriation shall be effective during the fiscal year ending <br />June 30, 200I, [vat shall not be deemed to expire at the end ofthat year. Imotead, it shall <br />continue in effect unless altered by further action of City Council. <br /> <br /> <br />
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