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1999 Session

Budget Bill - HB1450 (Chapter 935)

Department of Transportation

Item 528

Item 528

The Commonwealth Transportation Board shall make the following allocations from available revenues as provided in Chapters 11, 12, 13, and 15, Acts of Assembly of 1986, Special Session:


1. For Port and Port Facility Assistance, 4.2 percent of such revenues; such amounts are estimated to be $25,915,400 $26,060,000 the first year and $27,127,300 $26,691,500 the second year. From these amounts $15,662,300 the first year and $15,662,300 the second year shall be allocated for port capital facilities and $10,253,100 $10,397,700 the first year and $11,465,000 $11,029,200 the second year for preservation of capital facilities.


2. For Airport Assistance, 2.4 percent of such revenues; such amounts are estimated to be $15,410,300 $15,493,000 the first year and $16,121,300 $15,872,300 the second year. From these amounts $6,164,100 $6,197,200 the first year and $6,448,500 $6,348,900 the second year shall be allocated for air carrier airports, $6,164,100 $6,197,200 the first year and $6,448,500 $6,348,900 the second year for air carrier and reliever airports, and $3,082,100 $3,098,600 the first year and $3,224,300 $3,174,500 the second year for general aviation airports.