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2018 SESSION
SB 821 New River Valley Emergency Communications Regional Authority; annual budget contribution.
Introduced by: John S. Edwards | all patrons ... notes | add to my profiles | history
SUMMARY AS PASSED SENATE:
New River Valley Emergency Communications Regional Authority; annual contributions. Authorizes the Board of the New River Valley Emergency Communications Regional Authority to develop an allocation formula to determine each participating political subdivision's annual contribution to the Authority's annual budget. If the allocation formula is not approved by each participating political subdivision, then each political subdivision shall contribute an amount equal to the Authority's annual budget divided by the number of participating political subdivisions. This bill is identical to HB 1500.
SUMMARY AS INTRODUCED:
New River Valley Emergency Communications Regional Authority; annual budget contribution. Changes from one-quarter of the annual budget to a proportionate contribution amount from each participating political subdivision the required contribution to the operating and capital budget of the New River Valley Emergency Communications Regional Authority (the Authority). The bill requires the Board of the Authority to develop and submit for approval a formula to allocate a proportionate contribution for each participating political subdivision on or before February 1, 2019. The bill requires that the participating political subdivisions unanimously approve the formula before it is used to calculate each participating political subdivision's required contribution. If the formula is not unanimously approved, each participating political subdivision's contribution remains a one-quarter share of the annual budget.