Iowa Admin. Code r. 761-163.3 - [Effective 4/23/2025] Allocation and use of RISE funds
(1)
Allocation among roadway
jurisdictions. The RISE fund is allocated for use on primary, city,
and county roads.
(2)
Funding limited to public roads. The use of RISE funds is
limited to construction or improvement of primary roads, secondary roads, city
streets, state park roads and county conservation parkways presently open to
public use or ones that will be dedicated and open to public use in the future.
RISE funds are not to be used for private road projects or for any other
private purpose. Project activities eligible for funding under the RISE program
are listed in rule 761-163.6 (315).
(3)
Use of county or city RISE funds
on primary road projects. Counties or cities may at their option make
application to the department to apply RISE funds allocated for use on
secondary road or city street projects toward primary road projects. Use of
county or city RISE funds on primary road projects is to be approved by the
commission.
(4)
Type of
projects. The two types of projects that may be funded under the RISE
program are immediate opportunity projects and local development projects as
described in the following rules of this chapter:
a. Immediate opportunity projects: rule
761-163.8 (315).
b. Local development projects: rule
761-163.9 (315).
(5)
Relationship of
project. The demonstrated relationship of a project to economic
development is generally the main criterion employed in determining the
priority for funding. The department will assign the lowest priority to a
project if it involves a business with wages substantially below other area
businesses or with a consistent record of law violations. In terms of project
type, immediate opportunity projects are prioritized for all available RISE
funds.
(6)
Use of repaid
funds. RISE funds repaid to the department for any reason may be used
for other projects or carried over to the next programming cycle. RISE funds
repaid are to be credited to the share of the fund from which the project was
originally funded.
(7)
Carryover of funds. The commission need not commit the
spending of all RISE funds available during a programming cycle. Uncommitted
city funds may be carried over to the next programming cycle or used for
immediate opportunity projects. On June 30 of each year, all uncommitted county
funds are to be credited to the secondary road fund.
(8)
Reserve for future needs and
contingencies. The commission will monitor RISE fund commitments and
expected RISE fund cash flow and take actions necessary to ensure that funds
remain available for anticipated present and future immediate opportunity
project needs and other contingencies. Such actions may include placing a
moratorium on the receipt and award of local development RISE applications,
placing a limit on RISE dollars awarded to each project, or taking other
actions at the discretion of the commission.
Notes
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