Workforce Investments account.

# (a)

The Workforce Investments account ("Account") shall be administered by the Mayor in accordance with subsections (b) and (c) of this section.

# (b)

Money in the Account shall be used for the following purposes only:

# (1)

Costs related to financial, developmental, and other investments in the District government workforce, including salary increases or other items required by the terms of collective bargaining agreements and cost-of-living adjustments to salaries and hourly wages;

# (2)

Payments to public charter schools authorized to be paid from the Account by other District law; and

# (3)

For such other expressed purposes for which funds previously may have been deposited into the account.

# (c)

# (1)

The money deposited into the Account shall not revert to the unrestricted fund balance of the General Fund of the District of Columbia at the end of a fiscal year, or at any other time.

# (2)

Subject to authorization in an approved budget and financial plan, any funds appropriated in the Account shall be continually available without regard to fiscal year limitation.