§ 1701 Infrastructure Fund Deposits

• •All federal, state, or private grants the authority receives must be put into the infrastructure fund.
• •The authority can also put any other money it gets into the fund if it decides to.
• •Money that comes from a public trust stays a public trust even after it is placed in the infrastructure fund.

The authority gets a federal grant to repair a highway and also decides to add some extra money it received from a local business. Both the grant and the extra money must be placed in the infrastructure fund.

Because the law requires all grants and any other money the authority chooses to go into the fund, the highway repair money and the extra business money are both deposited there, keeping the money separate for infrastructure projects.