                                 CODE OF VIRGINIA

ALLOCATION OF FUNDS TO DISTRICTS (§ 33.2-2708)

The 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 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 5 (§ 33.2-351 et seq.) of Chapter 3, and subsection A of § 58.1-638,
to the highway construction districts and localities in which such
transportation district is located.

HISTORY: 2004, c. 966, § 33.1-456; 2014, c. 805.