19A NCAC 06C .0124. LIMITS ON USE OF ALLOCATED FUNDS  


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  • Allocation of state funds for a State Aid to Airports project is on the basis of a specific amount of funds for a specific work element.  If all approved funds are not needed for the approved work element the excess funds shall be returned to the State Aid to Airports Program unobligated balance.  Local governments or airport authorities currently operating or proposing to develop a publicly owned airport, seaplane port or heliport which shall be open to the public without restriction may not transfer current funds to other work elements unless the transfer has been reviewed and approved by the Department.  Such approval shall be made only after application of the State Aid to Airports priority system and the project is of sufficiently high priority compared to other pending project requests.

     

History Note:        Authority G.S. 63‑66; 63‑68;

Eff. November 1, 1991;

Amended Eff. December 1, 1993.