Rhode Island General Laws 39-18-22. State appropriations
The general assembly shall appropriate annually a sum for the financial support of the operating expenses of the Rhode Island public transit authority from certain proceeds of the motor fuel tax reserved for this purpose pursuant to § 31-36-20. The total amount of state subsidy disbursements in any fiscal year shall not exceed the appropriation for that year. In the event that dedicated motor fuel tax revenues received during a fiscal year are not sufficient to support the appropriation for that year, the difference shall be transferred from the proceeds of the motor fuel tax imposed by chapter 36 of Title 31. Funds appropriated to the authority pursuant to this section shall be administered by the department of transportation in accordance with procedures established jointly by the departments of transportation and administration. The authority shall annually submit to the department of transportation a comprehensive budget request for funds for the ensuing fiscal year. Prior to the beginning of each fiscal year, the authority shall enter into an agreement with the departments of administration and transportation establishing the conditions for payment of the available state and federal subsidies. The director of administration is authorized, from time to time, to advance funds from the general fund to the Rhode Island public transit authority to be used for the purpose of this section, in anticipation of transfers from the revenues reserved pursuant to § 31-36-20, provided that the aggregate of all advances less transfers, at any one time, shall not exceed the total amount of the annual appropriation.
History of Section.
P.L. 1983, ch. 167, art. 8, § 2; P.L. 1985, ch. 181, art. 2, § 2; P.L. 1987, ch. 118, art. 3, § 1.
Terms Used In Rhode Island General Laws 39-18-22
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Authority: means the Rhode Island public transit authority created by § 39-18-2, or, if the authority shall be abolished, the board, body, or commission succeeding to the principal functions thereof, or upon whom the powers of the authority given by this chapter shall be given by law. See Rhode Island General Laws 39-18-1
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.