The second distribution of HB312 funds was released. The first quarter distribution was smaller due to a lag in collection of tax revenues. What you receive this quarter should also be similar to future distributions.
ITD Payments to Local Governments – Highway Distribution Account (HDA) FY16 QTR2
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/