You can find the forms, online reporting links, and quarterly payment information on our website https://lhtac.org/resources/annual-road-and-street-financial-report/
Don’t forget to fill out page 3 of the form for your House Bill 312 funds. If you have questions on how much you should be reporting on for the year, contact Susan Lasuen at slasuen@lhtac.org or call our office 208-344-0565.
HB312 directed LHTAC to submit an annual report informing the legislature on the use of the money and ongoing maintenance funding needs on the local system.
The third distribution of HB312 funds was released in April.
ITD Payments to Local Governments – Highway Distribution Account (HDA) FY16 QTR3
Please remember that reporting will need to be done on the additional HB312 revenue that your jurisdictions are receiving. Reporting for the HB312 revenue will be collected yearly on the Road & Street Finance Report.
For more information visit our webpage below:
www.lhtac.org/resources/annual-road-and-street-financial-report/
That means more funding for LOCALS!
The legislature enacted HB343 that corrects the distribution formula and HB626 authorizes the transfer of the funds from special fuels.
In result of these two bills you will see a small additional distribution in July 2016. These funds are part of your Highway Distribution Account dollars and should be reported with the HB312 funds.
According to HB626 the State Controller is authorized to transfer the corrections. Below you find a summary of the transfers:
• $571,388.94 to the Local Highway Distribution Account
If you have any questions on this please contact LHTAC.
LHTAC was successful in preparing and delivering our House Bill 312 (HB312) report on the expenditure of local highway jurisdiction funds from the new tax law. HB312 directed LHTAC to submit a report informing the legislature on the use of the money and ongoing maintenance funding needs on the local system. This report was delivered to the Senate Transportation Committee and House Transportation and Defense Committee on January 11, 2016. (more…)