§ 33.1-456. Allocation of funds to districts
The local governing body of either 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 this title, and subsection A of § 58.1-638 to the construction districts and localities in which such transportation district is located.
(2004, c. 966.)
Sections: Previous 33.1-449 33.1-450 33.1-451 33.1-452 33.1-453 33.1-454 33.1-455 33.1-456 33.1-457 33.1-458 33.1-459 33.1-460 33.1-461 33.1-462 33.1-463 NextLast modified: April 16, 2009