GEORGIA CODE (Last Updated: August 20, 2013) |
Title 50. STATE GOVERNMENT |
Chapter 8. DEPARTMENT OF COMMUNITY AFFAIRS |
Article 9. RURAL FACILITIES ECONOMIC DEVELOPMENT |
Section 50-8-222. Distribution of appropriated funds; ratio of matching funds; submission of consolidated report and accounting
Latest version.
- (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.
Code 1981, § 50-8-222, enacted by Ga. L. 1991, p. 1712, § 1.