§ 136-177. Limitation on funds obligated from Trust Fund. - North Carolina Statutes

§ 136‑177.  Limitationon funds obligated from Trust Fund.

In a fiscal year, theDepartment of Transportation may not obligate more Trust Fund revenue, otherthan revenue allocated for city streets under G.S. 136‑176(b)(3) orsecondary roads under G.S. 136‑176(b)(4) and G.S. 20‑85(b), toconstruct or improve highways and other forms of transportation than the amountindicated in the following table:

FiscalYear                                                 Maximum Expenditure

1989‑90                                                           $200,000,000

1990‑91                                                             250,000,000

1991‑92                                                             300,000,000

1992‑93                                                             400,000,000

1993‑94                                                             500,000,000

1994‑95and following years                               Unlimited

The amount of revenue credited tothe Trust Fund in a fiscal year under G.S. 136‑176(a) that exceeds themaximum allowable expenditure set in the table above may be used only forpreliminary planning and design and the acquisition of rights‑of‑wayfor scheduled highways and highway improvements to be funded from the TrustFund.  (1989, c.692, s. 1.1; 2009‑266, s. 27.)