Iowa Code 327G.29 – Grade crossing surface repair fund
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1. There is established a highway railroad grade crossing surface repair fund in the office of the treasurer of state. The department may credit to this fund:
a. Moneys appropriated to the department from the general fund of the state.
b. Moneys appropriated to the department from the road use tax fund or the primary road fund.
c. Available federal funds.
d. Moneys acquired by the department from any gift, grant, or contributions from any source.
Terms Used In Iowa Code 327G.29
- Department: means the state department of transportation. See Iowa Code 321H.2
- 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.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- highway: means the entire width between property lines of every way or place of whatever nature when any part thereof is open to the use of the public, as a matter of right, for purposes of vehicular travel, except in public areas in which the boundary shall be thirty-three feet each side of the center line of the roadway. See Iowa Code 321I.1
- road: include public bridges, and may be held equivalent to the words "county way" "county road" "common road" and "state road". See Iowa Code 4.1
- state: when applied to the different parts of the United States, includes the District of Columbia and the territories, and the words "United States" may include the said district and territories. See Iowa Code 4.1
2. Notwithstanding the provisions of section 8.33, unencumbered funds remaining in the highway railroad grade crossing surface repair fund at the close of each fiscal year ending on June 30 shall revert to the road use tax fund.