§ 33.1-439. Allocation of funds to districts
The governing body of any county or town council of any participating town 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.
(2001, c. 611.)
Sections: Previous 33.1-432 33.1-433 33.1-434 33.1-435 33.1-436 33.1-437 33.1-438 33.1-439 33.1-440 33.1-441 33.1-442 33.1-443 33.1-444 33.1-445 33.1-446 NextLast modified: April 16, 2009