Allocations

Section 380.601  Allocations Agencies shall reserve at least 10% of each year's Annual Receipts or Fund Distribution, as applicable, for LTOS Allocations.  Agencies are not required to spend those funds in the year reserved, but may combine these funds with the reserved amounts from past or subsequent years.  A Municipality may delegate its responsibilities as an agency under this Subpart F to establish and administer an LTOS Program to its designated LAA.