17 AAC 05.190. Financial data

(a) In the STIP, the department will include a financial summary that

(1) demonstrates an implementation strategy for the STIP;

(2) indicates resources that are reasonably available to carry out the STIP, by the categories set out in 17 AAC 05.175(b) - (f); and

(3) recommends, if necessary, additional financing strategies for needed projects and programs.

(b) Except for projects to which 17 AAC 05.200 applies, the department will annually allocate non-restricted federal apportionments, commencing in federal fiscal year 2003, to the classifications listed in 17 AAC 05.170(a) as follows:

(1) except as provided in (c) of this section, the department will allocate at least 48 percent to the National Highway System;

(2) the department will allocate at least eight percent to the Alaska Highway System;

(3) the department will allocate at least 33 percent to projects classified under 17 AAC 05.170(d) (Community Transportation Program);

(4) the department will allocate at least eight percent to projects classified under 17 AAC 05.170(e) (Trails and Recreational Access for Alaska (TRAAK) Program).

(c) In the state's best interests, the commissioner may reallocate money allocated under (b)(1) of this section to the National Highway System to the Alaska Highway System.

History: Eff. 3/8/2002, Register 161

Authority: AS 19.05.020

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