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3 following manner: $49,000 from Utilit y Billing, $25,000 from the Water Fund, $25,000 from the Wastewater Fund and $50,000 from the Gas Operations.  Gas Fund - $174,000, these unspent carryover funds will be used to fund the cost of repairs to the wash facility and to fund gas line locating services. VI. Schools Gainsharing. In 1998, the School Board and City C ouncil entered into a gainsharing agreement. This agreement mandates that the first $100,000 to go to facilities for School Capital Improvem ent Projects, the next $100,000 is retained by the Schools in the General Fund and then any amount over $200,000 will be shared equal ly (50/50) between the School Board and the City. According to the formula $100,000 will be contributed to the City’s School Lump Su m Project Fund. VII. Parking Enterprise Fund (650). $52,888 received as parking development fees shall be carried over and appropriated into the parking reserve a ccount in the Parking Enterprise fund.