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<br /> VIII. DEBT SERVICE FUND APPROPRIATION ,
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<br /> BE IT RESOLVED by the Council of the City of Charlottesville:
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<br /> A. The Debt Service Fund shall serve as a permanent reserve for the payment of
<br />principal and interest of bonds, notes and other evidences of indebtedness and the cost of
<br />issuance thereof issued by the City pursuant to its charter and/or the Virginia Public
<br />Finance Act.
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<br /> B. The sum of $4,900,000 transferred to such fund by Part II of this resolution, or
<br />as much thereof as may be necessary, is hereby appropriated to pay such debt service
<br />expenses during the fiscal year beg~ning July 1, 2002 and ending June 30, 2003.
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<br /> C. Appropriations in the Debt Service Fund shall be deemed continuing
<br />appropriations, and balances remaining in such fund at the end of each fiscal year shall be
<br />carried forward to pay principal and interest due on City obligations and costs associated
<br />with the issuance of those ob~gations in future years. However, this reserve fund has
<br />been voluntarily created by City Council and is not required by state statute or by the
<br />provisions of any existing bond ordinance, covenant or indenture. Accordingly,
<br />appropriations thereto and balances therein may be reduced by future action of this
<br />council.
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<br /> IX..SPECIAL REVENUE FUND APPROPRIATIONS
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<br /> BE IT RESOLVED by the Council of the City of Charlottesville, that the
<br /> following appropriations are hereby approved for agency expenditures accounted for as
<br /> separate funds on the books of the City, for their respective programs during the fiscal
<br /> year beginning July 1, 2002 and ending June 30, 2003; the City contribution to each such
<br /> fund having hereinabove been appropriated fi:om the General Fund:
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<br /> A. There is hereby appropriated fi:om the Charlottesville/Albemarle Convention
<br /> and Visitors Bureau Fund, for the operation of the Charlottesville/Albemarle Convention
<br /> and Visitors Bureau during such fiscal year, the sum of $745,295 or the amount of
<br /> revenue actually received by such fund, whichever shall be the lesser amount.
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<br /> B. There is hereby appropriated from the General Fund, for the operation of public
<br />school pupil transportation during such fiscal year, the sum of $1,422,000, or the amount
<br />of revenue actually received by such fund, whichever shall be the lesser amount. From
<br />the last mentioned arnount, the sum orS110,398 shall be allocated as follows: (1) a sum
<br />sufficient to pay the debt service on the lease or purchase of three school buses shall be
<br />transferred to the Debt Service Fund; and (2) the remainder shall be transferred to the
<br />Equipment Replacement Fund and reserved for the future replacement of school buses.
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<br /> C. There is hereby appropriated fi'om the Community Attention Fund, for the
<br />operation of the Community Attention Homes and related programs during such fiscal
<br />year, the sum of $1,547,306, or the amount of revenue actually received by such fund,
<br />whichever shall be the lesser amount.
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<br /> D. There is hereby appropriated fi:om the Social Services Fund, for the operation
<br />of the Department of Social Services during such fiscal year, the sum orS 10,922,506, or
<br />the amount of revenue actually received by such fund, whichever shall be the lesser
<br />amount.
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<br /> E. There is hereby appropriated fi:om the Social Services Fund, for the operation of
<br />the Comprehensive Services Act entitlement program, the sum of $3,940,000, or the
<br />amount of revenue actually received by such fund, whichever shall be the lesser amount.
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<br /> F. There is hereby appropriated fi:om the Commission on Children and Families
<br />Fund, for the operation of the Commission on Children and Families program, the sum of
<br />$1,335,808, orthe amount of revenue actually received by such fund, whichever shall be
<br />the lesser amount.
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