Capital improvement contingency fund

Sec. 25. (a) The capital improvement contingency fund is established for the purpose of: (1) receiving taxes, appropriations, and other revenues; (2) matching state or federal transportation grants made to permit the acquisition of capital assets; (3) acquiring capital improvements or assets; or (4) receiving, holding, and disbursing funds as a fiduciary. (b) Money in the fund at the end of a fiscal year does not revert to the state general fund. As added by P.L.385-1987(ss), SEC.17.