Starting in 2029, county auditors transfer eligible unspent rural road money to a state fund, where spending must be budgeted through the general appropriation bill.
County auditors send eligible unspent rural road money to a state fund every three years, starting in 2029. Money committed by contract is excluded.
The state fund holds transferred money for county distributions and for tracking and safeguarding rural road funds. Spending from it must be budgeted through the state’s general spending bill.
County auditors transfer certain unused rural road money to the state fund. This applies to money in county rural access infrastructure funds. The money must be unexpended, not contractually obligated, and approved under the rural access infrastructure chapter. The auditor makes the transfer on June 30 every third year, beginning in 2029.
The Department of Revenue administers the county and township infrastructure fund. The fund is held in the state treasury and supports county distributions under § 31-34-2, as well as accounting and safekeeping for money in rural access distribution funds. The fund holds money transferred under the rural access infrastructure chapter. Spending from the fund must be budgeted through the general appropriation bill.
No hearings or votes scheduled.