Code of Virginia - Title 33.1 Highways, Bridges And Ferries - Section 33.1-23.01 Definition of the term

§ 33.1-23.01. Definition of the term "allocation"

For the purposes of this article, the term "allocation" shall mean a commitment to expend funds available for construction during each fiscal year. Funds which cannot be expended as allocated within each fiscal year shall be identified as part of future commitments and the reason for the failure to spend allocations shall be specifically included in the annual construction improvement program.

(1982, c. 418.)

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Last modified: April 3, 2009