Title 50. STATE GOVERNMENT · Chapter 8. DEPARTMENT OF COMMUNITY AFFAIRS · Article 9. RURAL FACILITIES ECONOMIC DEVELOPMENT
50-8-222. Distribution of appropriated funds; ratio of matching funds; submission of consolidated report and accounting.
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
- (a)
The department shall direct the distribution of any appropriated funds to the governing authority of the less developed county, as provided in Code Section 50-8-220; provided, however, that the less developed county and the municipalities within the less developed counties shall annually match any appropriated funds in a ratio of $1.00 local funds for every $9.00 appropriated funds.#
- (b)
The commissioner shall consolidate the annual progress reports and accounting of funds submitted by the facilities development committees and submit a consolidated report and accounting to the General Assembly not later than December 31 of each year.#
History
Code 1981, § 50-8-222, enacted by Ga. L. 1991, p. 1712, § 1.
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Current through: Including Acts of the 2025 Regular Session of the General Assembly.
Text read from t49-t50-ch1-12-(v38)-2023-pdf.pdf, Volume V38, 2023 edition, page 801; merge action: carried; file SHA-256 b1a50b0e3917.
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