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2002 Session

Budget Bill - HB30 (Chapter 899)

Department of Transportation

Item 496

Item 496

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 $31,042,000 the first year and $32,447,100 the second year to support capital needs and the preservation of existing capital needs.


2. For Airport Assistance, 2.4 percent of such revenues: such amounts are estimated to be $18,527,400 the first year and $19,423,200 the second year. From these amounts, $7,411,000 the first year and $7,769,300 shall be allocated to for air carrier airports. $7,411,000 the first year and $7,769,300 the second year shall be allocated for air carrier and reliever airports, and $3,705,400 the first year and $3,884,600 the second year shall be allocated for general aviation airports.