Virginia Code 15.2-4610: Allocation of funds to local transportation districts.
The board of supervisors of any county that has created a local district pursuant to § 15.2-4603 may advance funds, or provide matching funds, from money 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.
Terms Used In Virginia Code 15.2-4610
- Board of supervisors: means the governing body of a county. See Virginia Code 15.2-102
- County: means Arlington, Fairfax, Loudoun, and Prince William Counties. See Virginia Code 15.2-4602
- local district: means any transportation improvement district created under the provisions of § Virginia Code 15.2-4602
- Revenues: means any or all fees, tolls, taxes, rents, notes, receipts, assessments, moneys, and income derived by the local district and includes any cash contributions or payments made to the local district by the Commonwealth or any agency, department, or political subdivision thereof or by any other source. See Virginia Code 15.2-4602
- State: when applied to a part of the United States, includes any of the 50 states, the District of Columbia, the Commonwealth of Puerto Rico, Guam, the Northern Mariana Islands, and the United States Virgin Islands. See Virginia Code 1-245
1997, c. 587.