§ 33.1-418. Allocation of funds to districts
The local governing body of any locality in which a district has been created pursuant to this chapter may advance funds or provide matching funds from money not otherwise specifically allocated or obligated. Such funds may be received or generated from whatever source, including, without limitation, general revenues, special fees and assessments, state allocations, and contributions from private sources to a local district to assist the local district to undertake the transportation improvements for which it was created. To assist the district with an approved transportation improvement, the Commonwealth Transportation Board may allocate to a district created pursuant to this chapter only funds allocated, pursuant to Article 1.1 (§ 33.1-23.01 et seq.) of Chapter 1 of Title 33.1, and subsection A of § 58.1-638 to the construction districts and localities in which such transportation district is located.
(1993, c. 395.)
Sections: Previous 33.1-411 33.1-412 33.1-413 33.1-414 33.1-415 33.1-416 33.1-417 33.1-418 33.1-419 33.1-420 33.1-421 33.1-422 33.1-423 33.1-424 33.1-425 NextLast modified: April 16, 2009