Iowa Administrative Code
Agency 265 - IOWA FINANCE AUTHORITY
Chapter 32 - IOWA JOBS PROGRAM
Rule 265-32.3 - Allocation of funds

Universal Citation: IA Admin Code 265-32.3
Current through Register Vol. 46, No. 19, March 20, 2024

All Iowa jobs funds shall be awarded and used as specified in 2009 Iowa Acts, Senate File 376, and these rules. Any portion of an amount allocated for projects that remains unexpended or imencumbered one year after the allocation has been made by the board may be reallocated by the board to another project category, at the discretion of the board. All bond proceeds shall be expended within three years from when the allocation was initially made. The total amount of allocations for future flood prevention, reconstruction and replacement of local public buildings, disaster rebuilding, flood control and flood protection projects (pursuant to the local infrastructure competitive grant program) shall not exceed $165 million for the fiscal year beginning July 1, 2009.

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