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2002 Session

Budget Bill - SB29 (Introduced)

Department of Transportation

Item 533

Item 533 (Not set out)

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 $29,260,100 the first year and $30,454,300 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 $13,597,800 the first year and $14,792,000 the second year for preservation of capital facilities.


2. For Airport Assistance, 2.4 percent of such revenues; such amounts are estimated to be $17,466,700 the first year and $18,170,200 the second year. From these amounts, $6,986,700 the first year and $7,268,100 the second year shall be allocated for air carrier airports. $6,986,700 the first year and $7,268,100 the second year shall be allocated for air carrier and reliever airports, and $3,493,300 the first year and $3,634,000 the second year shall be allocated for general aviation airports.