|June 14 2017 Newsletter||(888) 516 9594|
|State Board of Accounts Releases Guidance on MVH 50% Spending Requirement|
On June 12, the Indiana State Board of Accounts (“SBOA”) released guidance on the provision in HEA 1002 that requires that at least 50% of the state distribution for Motor Vehicle Highway (“MVH”) be used for construction, reconstruction, and maintenance of highways. The SBOA provides a direct response to a question that most of us have been asking…can personnel expense be included as part of the 50% requirement?
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