California Code of Regulations › Title 21 - Public Works › Division 3 - California State Transportation Agency › Chapter 2 - Transportation Development [Renumbered] › Article 5 - Responsibilities of Transportation Planning Agency › Section 6648 - Allocations Reserved in the Fund

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
The transportation planning agency may specify that moneys
					 allocated to a claimant be reserved in the local transportation fund for future
					 payment to the claimant for a specific capital project. No allocation shall be
					 reserved by the transportation planning agency except in response to a claim
					 for a specific capital project. However, unallocated moneys in the fund shall
					 be retained for areas of apportionment as specified in Section
					 6655.1 and may be reserved for a
					 general purpose as specified in Sections
					 6655.2 and
					 6655.3.
An allocation shall be reserved in the fund only by
					 allocation instruction pursuant to Section
					 6659, and moneys that are reserved
					 in the fund pursuant to an allocation made for a prior fiscal year shall be
					 authorized for payment only by a separate allocation instruction. The
					 transportation planning agency may authorize the payment of moneys that are
					 reserved in the fund pursuant to an allocation made for a prior fiscal year
					 only to the claimant to which they were allocated and only for the specific
					 capital project for which they were reserved. However, moneys that are reserved
					 in the fund pursuant to an allocation made for the current fiscal year may be
					 reallocated and authorized for payment for any eligible expenditure in the same
					 fiscal year by amending the allocation instruction.
Any moneys allocated and reserved in the local
					 transportation fund and not authorized for payment within three years after the
					 date of allocation shall cease to be allocated or reserved and shall become and
					 be treated as an unallocated apportionment retained in the fund in accordance
					 with Section
					 6655.1. Such moneys may be
					 reallocated to the same claimant for the same project, to the same claimant for
					 a different purpose, or to another claimant in the same area of apportionment
					 pursuant to Section
					 6655.1. At least 30 days before
					 the end of any three-year reserve period, the transportation planning agency
					 shall give written notification to the claimant specifying the date on which
					 the moneys cease to be allocated or reserved, and the transportation planning
					 agency shall not reallocate any such moneys to any other claimant until 30 days
					 after such notification. At any time within three years after the date of
					 allocation, the transportation planning agency, with the consent of the
					 claimant, may rescind or revise an allocation of moneys reserved in the fund.
					 Any such moneys that cease to be allocated shall then become and be treated as
					 an unallocated apportionment retained in the fund in accordance with Section
					 6655.1.
The transportation planning agency shall not authorize any
					 payment to a claimant from an allocation reserved in the fund if the claimant
					 is holding in its own accounts sufficient moneys originally allocated in a
					 previous fiscal year from the local transportation fund and reserved for the
					 specific capital project or reserved for unspecified capital outlay.
1. New
					 section filed 2-7-78; effective thirtieth day thereafter (Register 78, No.
					 6).
2. Editorial correction adding NOTE filed 6-21-84; effective
					 thirtieth day thereafter (Register 84, No. 25).
Note: Authority cited: Section
						99241,
						Public Utilities Code. Reference: Sections
						99230
						and
						99231,
						Public Utilities Code.