2009 North Carolina Code
Chapter 136 - Transportation.
§ 136-177. Limitation on funds obligated from Trust Fund.

§ 136‑177.  Limitation on funds obligated from Trust Fund.

In a fiscal year, the Department of Transportation may not obligate more Trust Fund revenue, other than revenue allocated for city streets under G.S. 136‑176(b)(3) or secondary roads under G.S. 136‑176(b)(4) and G.S. 20‑85(b), to construct or improve highways and other forms of transportation than the amount indicated in the following table:

Fiscal Year                                                 Maximum Expenditure

1989‑90                                                           $200,000,000

1990‑91                                                             250,000,000

1991‑92                                                             300,000,000

1992‑93                                                             400,000,000

1993‑94                                                             500,000,000

1994‑95 and following years                               Unlimited

The amount of revenue credited to the Trust Fund in a fiscal year under G.S. 136‑176(a) that exceeds the maximum allowable expenditure set in the table above may be used only for preliminary planning and design and the acquisition of rights‑of‑way for scheduled highways and highway improvements to be funded from the Trust Fund.  (1989, c. 692, s. 1.1; 2009‑266, s. 27.)

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