§ 17136. Capital budgets.

225 words·~1 min read·/pa/title-16/chapter-171/17136

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(a)General rule.-- At least 90 days before commencement of the ensuing fiscal year of the authority, recommended capital budgets relating to the Regional Destination Facilities Fund and the Regional Growth Fund shall be prepared and submitted to the board. The capital budgets shall show, in detail, the capital expenditures to be made or incurred in the next fiscal year which are to be financed from each fund. The capital budgets shall be adopted by the board no later than the date of the adoption of its annual operating budget as required under section 17137 (relating to operating budget).

(b)Vote.-- Except for projects contained in a county growth plan, a majority of the members of the board who are residents of a particular participating county must vote in favor of the inclusion in a capital budget for the Regional Growth Fund of any expenditure relating to a project within that county. Projects contained in a county growth plan shall be approved in accordance with sections 17121 (relating to establishment of Regional Growth Fund) and 17122 (relating to use of Regional Growth Fund).

(c)Public hearing.-- The board shall conduct an annual public hearing regarding the proposed annual capital budget for the Regional Growth Fund.

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Cross References. Section 17136 is referred to in sections 17122, 17135 of this title.

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