179.415 Payment of pro rata share of funds appropriated to counties. - Kentucky Statutes

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179.415 Payment of pro rata share of funds appropriated to counties. (1) On and after the fiscal year beginning July 1, 1980, and each fiscal year thereafter, the Department for Local Government shall pay to each county its pro rata share of
any funds appropriated and any unexpended balance of funds appropriated for
construction, reconstruction, improvement, and maintenance of county roads and
bridges. During each fiscal year, the Department for Local Government shall make
quarterly payments to each such county of the funds allocated in accordance with
KRS 177.369. (2) The expenditure of any money received by the county in accordance with the provisions of subsection (1) of this section shall be made solely for the purpose of
construction, reconstruction, improvement, and maintenance of county roads and
bridges. (3) Any county which has received any money in accordance with the provisions of subsection (1) of this section shall retain all records of the expenditure of the money
for a period of five (5) years and said records shall be subject to audit by the
Department for Local Government for said period of time in order to determine the
proper expenditure of said money for the purpose required by KRS 179.410. Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 117, sec. 81, effective July 15, 2010. -- Amended 2007 Ky. Acts ch. 47, sec. 85, effective June 26, 2007. -- Amended 1998 Ky. Acts
ch. 69, sec. 68, effective July 15, 1998. -- Amended 1986 Ky. Acts ch. 374, sec. 13,
effective July 15, 1986. -- Created 1980 Ky. Acts ch. 218, sec. 14, effective July 1,
1980.