Section 445.1. Restricted accounts.
(a) Establishment.--There is established in the Unincorporated Service District Trust Fund a restricted account for each unincorporated service district. The administrator for each district shall deposit all moneys collected by assessments, delinquent municipal tax receipts and proceeds from the sale of municipal assets authorized under this subchapter into the restricted account not later than 30 days after collection. Any interest accrued on the account shall be credited to the account for purposes of meeting the requirements of this subchapter. The restricted account shall be used to pay for the expenses and obligations of the administrator and the unincorporated service district. The department may pay for the compensation and expenses of the administrator from the restricted account.
(b) Appropriation.--As much as may be necessary of such moneys and interest in the restricted account established under subsection (a) is hereby appropriated for the purposes authorized by this subchapter.
(445.1 added Oct. 31, 2014, P.L.2983, No.199)