                                 CODE OF VIRGINIA

ALLOCATION OF FUNDS TO LOCAL TRANSPORTATION DISTRICTS (§ 15.2-4708)

The governing body that created a district pursuant to § 15.2-4702 may advance
funds, or provide matching funds, from moneys not otherwise specifically
allocated or obligated, from whatever source received or generated, 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 project for which it was created. The
Commonwealth Transportation Board may allocate funds to a district only from the
construction district or districts in which such transportation district is
located pursuant to the highway allocation formula to assist the district with
an approved project as provided by law.

HISTORY: 1997, c. 587.