Chapter 3.95
TRANSPORTATION BENEFIT DISTRICT FUND

Sections:

3.95.010    Fund established.

3.95.020    Source of funds.

3.95.030    Use of funds.

3.95.010 Fund established.

There is hereby created a fiduciary fund to be known as the “transportation benefit district fund” as prescribed by the Washington State Auditor’s Office in RCW 43.09.200. (Ord. C-819 § 2, 2014)

3.95.020 Source of funds.

Moneys to be deposited into the fund include a two-tenths of one percent sales tax of the selling price of an item and a two-tenths of one percent use tax on value of an item used, or any other legally available moneys for the TBD. Any interest earnings on moneys invested from this fund shall be deposited into such fund. (Ord. C-819 § 3, 2014)

3.95.030 Use of funds.

The moneys in the fund shall only be used for funding improvements identified in the City of Airway Heights Transportation Improvement Program and other transportation projects or needs as deemed necessary consistent with Chapter 36.73 RCW. (Ord. C-819 § 4, 2014)