Iowa Code 331.429 – Secondary road fund
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1. Except as otherwise provided by state law, county revenues for secondary road services shall be credited to the secondary road fund, including the following:
a. Transfers from the general fund not to exceed in any year the dollar equivalent of a tax of sixteen and seven-eighths cents per thousand dollars of assessed value on all taxable property in the county multiplied by the ratio of current taxes actually collected and apportioned for the general basic levy to the total general basic levy for the current year, and an amount equivalent to the moneys derived by the general fund from military service tax credits under chapter 426A, manufactured or mobile home taxes under section 435.22, and delinquent taxes for prior years collected and apportioned to the general basic fund in the current year, multiplied by the ratio of sixteen and seven-eighths cents to three dollars and fifty cents. The limit on transfers in this paragraph applies only to property tax revenue and is not a limit on transfers of revenue generated from sources other than property taxes.
b. Transfers from the rural services fund not to exceed in any year the dollar equivalent of a tax of three dollars and three-eighths cents per thousand dollars of assessed value on all taxable property not located within the corporate limits of a city in the county multiplied by the ratio of current taxes actually collected and apportioned for the rural services basic levy to the total rural services basic levy for the current year and an amount equivalent to the moneys derived by the rural services fund from military service tax credits under chapter 426A, manufactured or mobile home taxes under section 435.22, and delinquent taxes for prior years collected and apportioned to the rural services basic fund in the current year, multiplied by the ratio of three dollars and three-eighths cents to three dollars and ninety-five cents. The limit on transfers in this paragraph applies only to property tax revenue and is not a limit on transfers of revenue generated from sources other than property taxes.
c. Moneys allotted to the county from the state road use tax fund.
d. Moneys provided by individuals from their own contributions for the improvement of any secondary road.
e. Other moneys dedicated to this fund by law including but not limited to sections 306.15, 309.52, 311.23, 311.29, and 313.28.
Terms Used In Iowa Code 331.429
- Basic levy: means a levy authorized and limited by section 331. See Iowa Code 331.421
- Board: means the board of supervisors of a county. See Iowa Code 331.101
- Cost: means cost as defined in section 384. See Iowa Code 331.485
- following: when used by way of reference to a chapter or other part of a statute mean the next preceding or next following chapter or other part. See Iowa Code 4.1
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- property: includes personal and real property. See Iowa Code 4.1
- road: include public bridges, and may be held equivalent to the words "county way" "county road" "common road" and "state road". See Iowa Code 4.1
- Secondary road services: means the services related to secondary road construction and maintenance, excluding debt service and services financed by other statutory funds. See Iowa Code 331.421
- state: when applied to the different parts of the United States, includes the District of Columbia and the territories, and the words "United States" may include the said district and territories. See Iowa Code 4.1
- State law: includes the Constitution of the State of Iowa and state statutes. See Iowa Code 331.101
- year: means twelve consecutive months. See Iowa Code 4.1
2. The board may make appropriations from the secondary road fund for the following secondary road services:
a. Construction and reconstruction of secondary roads and costs incident to the construction and reconstruction.
b. Maintenance and repair of secondary roads and costs incident to the maintenance and repair.
c. Payment of all or part of the cost of construction and maintenance of bridges in cities having a population of eight thousand or less and all or part of the cost of construction of roads which are located within cities of less than four hundred population and which lead to state parks.
d. Special drainage assessments levied on account of benefits to secondary roads.
e. Payment of interest and principal on bonds of the county issued for secondary roads, bridges, or culverts constructed by the county.
f. A legal obligation in connection with secondary roads and bridges, which obligation is required by law to be taken over and assumed by the county.
g. Secondary road equipment, materials, and supplies, and garages or sheds for their storage, repair, and servicing.
h. Assignment or designation of names or numbers to roads in the county and erection, construction, or maintenance of guideposts or signs at intersections of roads in the county.