Distribution of Appropriated Funds; Ratio of Matching Funds; Submission of Consolidated Report and Accounting

  1. Law
  2. Georgia Code
  3. State Government
  4. Department of Community Affairs
  5. Rural Facilities Economic Development
  6. Distribution of Appropriated Funds; Ratio of Matching Funds; Submission of Consolidated Report and Accounting

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  1. 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.
  2. 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.

(Code 1981, §50-8-222, enacted by Ga. L. 1991, p. 1712, § 1.)


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