(a) There is created on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a miscellaneous fund to be known as the “Cities in School Fund”.
(b) The fund shall consist of those moneys transferred from the General Revenue Fund Account.
(c) The fund shall be used for providing grants to community-based pilot programs directed toward solving problems of children and their families as provided in Acts 1992 (1st Ex. Sess.), No. 1, §§ 7 and 8.