315.4  Allocation of fund.

Moneys credited to the RISE fund shall be allocated as follows:

1.  Twenty thirty-firsts for deposit in the primary road fund for the use of the department on primary road projects exclusively for highways which are identified under section 307A.2 as being part of the network of commercial and industrial highways.

2.  One thirty-first for the use of counties on secondary road projects.

3.  Ten thirty-firsts for the use of cities on city street projects.

Commencing June 30, 1990, all uncommitted moneys in the RISE fund on June 30 of each year which are allocated under this section for the use of counties on secondary road projects shall be credited to the secondary road fund.

Section History: Recent form

  85 Acts, ch 231, § 5; 89 Acts, ch 293, § 16; 92 Acts, ch 1238, § 30

Internal References

  Referred to in §315.6


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