Delaware Code Title 30 Sec. 5162 – Appropriations paid through State Treasurer
(a) There shall be appropriated annually to municipalities within the State beginning in the State’s 1998 fiscal year and each subsequent year thereafter in conjunction with, under, and as a portion of, the Delaware Transportation Trust Fund within the Capital Transportation Program, a sum in the amount as appropriated in the annual Bond and Capital Improvement Act. The sum so appropriated shall be transferred to the Municipal Street Aid Fund by the State Treasurer and distributed to municipalities as provided in this subchapter.
Terms Used In Delaware Code Title 30 Sec. 5162
- Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Municipal Street Aid Fund: means the funds set up under this subchapter from money received under this subchapter. See Delaware Code Title 30 Sec. 5161
- Municipality: means any incorporated city or town having been in existence for a period of 1 year. See Delaware Code Title 30 Sec. 5161
- State: means a state of the United States, the District of Columbia, Puerto Rico, The United States Virgin Islands, or any territory or insular possession subject to the jurisdiction of the United States. See Delaware Code Title 30 Sec. 502
- Year: means a calendar year, and is equivalent to the words "year of our Lord. See Delaware Code Title 1 Sec. 302
(b) When deemed in full compliance with the provisions of § 5165(b) of this title, including the annual submission of an affidavit that will certify the municipality‘s boundary, mileage and population totals, the State Treasurer is authorized to process payments to municipalities in the following manner:
(1) Recipients of municipal street aid whose total fiscal year share is $50,000 or less shall be paid 1 lump-sum in August.
(2) Recipients of municipal street aid whose total fiscal year share is greater than $50,000 but not more than $200,000 shall be paid in 2 equal installments, 1 in August and the other in January.
(3) Recipients of municipal street aid whose total fiscal year share exceeds $200,000 shall be paid in 4 equal installments, 1 each in August, October, January and April of each year.
(c) Disbursements can be accrued for up to 3 years for larger construction projects.
30 Del. C. 1953, § ?5162; 51 Del. Laws, c. 55, § ?1; 55 Del. Laws, c. 106; 59 Del. Laws, c. 216, § ?2; 61 Del. Laws, c. 414, § ?1; 64 Del. Laws, c. 415, § ?1; 66 Del. Laws, c. 87, § ?3; 66 Del. Laws, c. 360, § ?52; 67 Del. Laws, c. 285, § ?53(a); 71 Del. Laws, c. 150, § ?73; 81 Del. Laws, c. 336, § 1; 83 Del. Laws, c. 37, § 35;