{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/33.2-3706.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/33.2-3706.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/33.2-3706.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/33.2-3706.html"}],"law_id":76543,"edition_id":1,"section_id":76543,"structure_id":13921,"section_number":"33.2-3706","catch_line":"Annual budget and allocation of expenses","history":"2020, c. 1235.","full_text":"A\n\nThe Authority shall adopt an annual budget and develop a funding plan to be supported by the revenues allocated under subdivision D 1 of § 33.2-3701 and shall provide for such development and adoption in its bylaws. The funding plan shall provide for the expenditure of funds for transportation purposes over a four-to-six-year period and shall align with the Statewide Transportation Plan established pursuant to § 33.2-353, the long-range transportation plan of Planning District 15, or the long-range transportation plans of participating localities as much as possible. The Authority shall solicit public comment on its budget and funding plan by posting a summary of such budget and funding plan on its website and holding a public hearing. Such public hearing shall be advertised on the Authority’s website and in a newspaper of general circulation in Planning District 15.B\n\nThe administrative and operating expenses of the Authority shall be provided in an annual budget adopted by the Authority and to the extent funds for such expenses are not provided from other sources shall be paid from the Fund. Such budget shall be limited solely to the administrative and operating expenses of the Authority and shall not include any funds for construction or acquisition of transportation facilities or the maintenance or performance of any transportation service.C\n\nMembers may be reimbursed for all reasonable and necessary expenses provided in §§ 2.2-2813 and 2.2-2825, if approved by the Authority. Funding for the costs of compensation and expenses of the members shall be provided by the Authority.","order_by":null,"text":{"0":{"id":274790,"text":"The Authority shall adopt an annual budget and develop a funding plan to be supported by the revenues allocated under subdivision D 1 of § 33.2-3701 and shall provide for such development and adoption in its bylaws. The funding plan shall provide for the expenditure of funds for transportation purposes over a four-to-six-year period and shall align with the Statewide Transportation Plan established pursuant to § 33.2-353, the long-range transportation plan of Planning District 15, or the long-range transportation plans of participating localities as much as possible. The Authority shall solicit public comment on its budget and funding plan by posting a summary of such budget and funding plan on its website and holding a public hearing. Such public hearing shall be advertised on the Authority’s website and in a newspaper of general circulation in Planning District 15.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":274791,"text":"The administrative and operating expenses of the Authority shall be provided in an annual budget adopted by the Authority and to the extent funds for such expenses are not provided from other sources shall be paid from the Fund. Such budget shall be limited solely to the administrative and operating expenses of the Authority and shall not include any funds for construction or acquisition of transportation facilities or the maintenance or performance of any transportation service.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":274792,"text":"Members may be reimbursed for all reasonable and necessary expenses provided in §§ 2.2-2813 and 2.2-2825, if approved by the Authority. Funding for the costs of compensation and expenses of the members shall be provided by the Authority.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B"}},"ancestry":[{"id":13921,"edition_id":1,"name":"Central Virginia Transportation Authority","identifier":"37","label":"chapter","depth":3,"order_by":1,"parent_id":12807,"metadata":{},"date_created":"2026-06-26 03:46:18","date_modified":"2026-06-26 03:46:18","permalink":{"id":207831,"object_type":"structure","relational_id":13921,"identifier":"37","token":"33.2\/IV\/37","url":"\/33.2\/IV\/37\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12807,"edition_id":1,"name":"Local and Regional Transportation","identifier":"IV","label":"subtitle","depth":2,"order_by":1,"parent_id":12806,"metadata":{},"date_created":"2026-06-26 03:43:54","date_modified":"2026-06-26 03:43:54","permalink":{"id":206943,"object_type":"structure","relational_id":12807,"identifier":"IV","token":"33.2\/IV","url":"\/33.2\/IV\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12806,"edition_id":1,"name":"Highways and Other Surface Transportation Systems","identifier":"33.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:54","date_modified":"2026-06-26 03:43:54","permalink":{"id":204785,"object_type":"structure","relational_id":12806,"identifier":"33.2","token":"33.2","url":"\/33.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":71871,"structure_id":13921,"section_number":"33.2-3700","catch_line":"Definitions","url":"\/33.2-3700\/","token":"33.2\/IV\/37\/33.2-3700","metadata":false},{"id":85543,"structure_id":13921,"section_number":"33.2-3701","catch_line":"Central Virginia Transportation Fund","url":"\/33.2-3701\/","token":"33.2\/IV\/37\/33.2-3701","metadata":false},{"id":68462,"structure_id":13921,"section_number":"33.2-3702","catch_line":"Central Virginia Transportation Authority created","url":"\/33.2-3702\/","token":"33.2\/IV\/37\/33.2-3702","metadata":false},{"id":80802,"structure_id":13921,"section_number":"33.2-3703","catch_line":"Composition of Authority","url":"\/33.2-3703\/","token":"33.2\/IV\/37\/33.2-3703","metadata":false},{"id":63425,"structure_id":13921,"section_number":"33.2-3704","catch_line":"Staff","url":"\/33.2-3704\/","token":"33.2\/IV\/37\/33.2-3704","metadata":false},{"id":79357,"structure_id":13921,"section_number":"33.2-3705","catch_line":"Decisions of the Authority","url":"\/33.2-3705\/","token":"33.2\/IV\/37\/33.2-3705","metadata":false},{"id":76543,"structure_id":13921,"section_number":"33.2-3706","catch_line":"Annual budget and allocation of expenses","url":"\/33.2-3706\/","token":"33.2\/IV\/37\/33.2-3706","metadata":false},{"id":82962,"structure_id":13921,"section_number":"33.2-3707","catch_line":"Authority to issue bonds","url":"\/33.2-3707\/","token":"33.2\/IV\/37\/33.2-3707","metadata":false},{"id":61854,"structure_id":13921,"section_number":"33.2-3708","catch_line":"Powers of the Authority","url":"\/33.2-3708\/","token":"33.2\/IV\/37\/33.2-3708","metadata":false},{"id":54974,"structure_id":13921,"section_number":"33.2-3709","catch_line":"Additional Powers of the Authority","url":"\/33.2-3709\/","token":"33.2\/IV\/37\/33.2-3709","metadata":false},{"id":75757,"structure_id":13921,"section_number":"33.2-3710","catch_line":"Authority a responsible public entity under Public-Private Transportation Act of 1995","url":"\/33.2-3710\/","token":"33.2\/IV\/37\/33.2-3710","metadata":false},{"id":58221,"structure_id":13921,"section_number":"33.2-3711","catch_line":"Continuing responsibilities of the Commonwealth Transportation Board and the Department of Transportation","url":"\/33.2-3711\/","token":"33.2\/IV\/37\/33.2-3711","metadata":false},{"id":87469,"structure_id":13921,"section_number":"33.2-3712","catch_line":"Continued responsibilities for local transit funding","url":"\/33.2-3712\/","token":"33.2\/IV\/37\/33.2-3712","metadata":false},{"id":60141,"structure_id":13921,"section_number":"33.2-3713","catch_line":"Use of revenues by the Authority","url":"\/33.2-3713\/","token":"33.2\/IV\/37\/33.2-3713","metadata":false}],"previous_section":{"id":79357,"structure_id":13921,"section_number":"33.2-3705","catch_line":"Decisions of the Authority","url":"\/33.2-3705\/","token":"33.2\/IV\/37\/33.2-3705","metadata":false},"next_section":{"id":82962,"structure_id":13921,"section_number":"33.2-3707","catch_line":"Authority to issue bonds","url":"\/33.2-3707\/","token":"33.2\/IV\/37\/33.2-3707","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/33.2-3706\/","history_text":"

This law was first created in 2020. The record of its establishment is cataloged in chapter 1235<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":[{"id":85543,"section_number":"33.2-3701","catch_line":"Central Virginia Transportation Fund","order_by":null,"url":"\/33.2-3701\/"}],"refers_to":[{"id":71377,"section_number":"2.2-2813","catch_line":"Definitions; compensation and expense payments from state funds for service on collegial bodies","order_by":null,"url":"\/2.2-2813\/"},{"id":73173,"section_number":"2.2-2825","catch_line":"Reimbursement for certain travel expenditures; restrictions on reimbursement","order_by":null,"url":"\/2.2-2825\/"},{"id":71190,"section_number":"33.2-353","catch_line":"Commonwealth Transportation Board to develop and update Statewide Transportation Plan","order_by":null,"url":"\/33.2-353\/"},{"id":85543,"section_number":"33.2-3701","catch_line":"Central Virginia Transportation Fund","order_by":null,"url":"\/33.2-3701\/"}],"permalink":{"id":207857,"object_type":"law","relational_id":76543,"identifier":"33.2-3706","token":"33.2\/IV\/37\/33.2-3706","url":"\/33.2-3706\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/33.2-3706\/","token":"33.2\/IV\/37\/33.2-3706","dublin_core":{"Title":"Annual budget and allocation of expenses","Type":"Text","Format":"text\/html","Identifier":"\u00a7 33.2-3706","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> The Authority<\/span> shall adopt an annual budget and develop a funding plan to be supported by the revenues allocated under subdivision D 1 of § 33.2-3701<\/a> and shall provide for such development and adoption in its bylaws. The funding plan shall provide for the expenditure of funds<\/span> for transportation purposes over a four-to-six-year period and shall align with the Statewide Transportation Plan established pursuant to § 33.2-353<\/a>, the long-range transportation plan of Planning District 15, or the long-range transportation plans of participating localities as much as possible. The Authority<\/span> shall solicit public comment on its budget and funding plan by posting a summary of such budget and funding plan on its website and holding a public hearing<\/span>. Such public hearing<\/span> shall be advertised on the Authority<\/span>’s website and in a newspaper of general circulation in Planning District 15. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> The administrative and operating expenses of the Authority<\/span> shall be provided in an annual budget adopted by the Authority<\/span> and to the extent funds<\/span> for such expenses are not provided from other sources shall be paid from the Fund<\/span>. Such budget shall be limited solely to the administrative and operating expenses of the Authority<\/span> and shall not include any funds<\/span> for construction or acquisition of transportation facilities or the maintenance<\/span> or performance of any transportation service. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> Members may be reimbursed for all reasonable and necessary expenses provided in §§ 2.2-2813<\/a> and 2.2-2825<\/a>, if approved by the Authority<\/span>. Funding for the costs of compensation and expenses of the members shall be provided by the Authority<\/span>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nANNUAL BUDGET AND ALLOCATION OF EXPENSES (\u00a7 33.2-3706)\n\nA. The Authority shall adopt an annual budget and develop a funding plan to be\nsupported by the revenues allocated under subdivision D 1 of § 33.2-3701\nand shall provide for such development and adoption in its bylaws. The funding\nplan shall provide for the expenditure of funds for transportation purposes over\na four-to-six-year period and shall align with the Statewide Transportation Plan\nestablished pursuant to § 33.2-353, the long-range transportation plan of\nPlanning District 15, or the long-range transportation plans of participating\nlocalities as much as possible. The Authority shall solicit public comment on\nits budget and funding plan by posting a summary of such budget and funding plan\non its website and holding a public hearing. Such public hearing shall be\nadvertised on the Authority’s website and in a newspaper of general\ncirculation in Planning District 15.\n\nB. The administrative and operating expenses of the Authority shall be provided\nin an annual budget adopted by the Authority and to the extent funds for such\nexpenses are not provided from other sources shall be paid from the Fund. Such\nbudget shall be limited solely to the administrative and operating expenses of\nthe Authority and shall not include any funds for construction or acquisition of\ntransportation facilities or the maintenance or performance of any\ntransportation service.\n\nC. Members may be reimbursed for all reasonable and necessary expenses provided\nin §§ 2.2-2813 and 2.2-2825, if approved by the Authority. Funding for\nthe costs of compensation and expenses of the members shall be provided by the\nAuthority.\n\nHISTORY: 2020, c. 1235.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}