State Street-Aid (Powell Bill) Program
Annually, State street-aid (Powell Bill) allocations are made to incorporated municipalities which establish their eligibility and qualify as provided by G.S. 136-41.1 through 136-41.4. The general statutes require that a sum be allocated to the qualifying municipalities equal to the amount produced during the fiscal year by 1-3/4 cents on each taxed gallon of motor fuel. The statutes also provide that funds be disbursed to the qualified municipalities on or before October 1, thereby allowing sufficient time after the end of the fiscal year for verification of information and to determine the proper allocations and preparation of disbursements. Powell Bill funds shall be expended only for the purposes of maintaining, repairing, constructing, reconstructing or widening of local streets that are the responsibility of the municipalities or for planning, construction, and maintenance of bikeways or sidewalks along public streets and highways.
City of Kinston
Powell Bill Allocation – 10-Year History
|Date Prepared: 11/24/2010|
|Prepared by: Keith Fiaschetti, Finance Director|