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California Law (Last Updated: March 4, 2014) |
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Public Utilities Code - PUC |
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Division 10. TRANSIT DISTRICTS |
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Part 11. PROVISIONS APPLICABLE TO ALL PUBLIC TRANSIT |
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Chapter 4. Transportation Development |
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ARTICLE 6.5. Transportation Planning and Development Account |
Section 99314.2.
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(a) For purposes of this section, the following terms have the following meanings:
(1) The "Southern California Regional Rail Authority" or the "authority" is that joint powers authority described in Section 14072 of the Government Code and includes any additional agencies that may join the authority under Section 14072.2 of that code.
(2) "Revenue" means revenue, as defined in subdivision (b) of Section 99314, that is derived from operating as a member agency of the authority.
(b) The Southern California Regional Rail Authority shall report to the Controller, on an annual basis, the ratio that the revenue of each member agency of the authority during the prior fiscal year bears to the total revenue of the authority during that fiscal year.
(c) (1) From funds made available pursuant to subdivision (b) of Section 99312, the Controller shall allocate to each member agency of the authority an amount that is based on the ratio provided under subdivision (b).
(2) The allocation set forth in paragraph (1) shall be in addition to any other allocation provided under this article.
(3) Allocations made under this section shall be used only for purposes authorized under this chapter.