Code of the District of Columbia

§ 50–921.26. DC Water Facility Work Fund.

(a) There is established as a special fund the DC Water Facility Work Fund ("Fund"), which shall be administered by the Mayor in accordance with subsection (c) of this section.

(b) All revenue received by the District government from the District of Columbia Water and Sewer Authority ("DC Water") pursuant to the Memorandum of Agreement between DDOT and DC Water, dated October 4, 2002 ("Agreement"), shall be deposited in the Fund.

(c) Money in the Fund shall be used to pay for or reimburse costs incurred by the District government for the design, construction, inspection, and administration of DC Water facility work covered by the Agreement.

(d)(1) The money deposited into the Fund but not expended in a fiscal year shall not revert to the unassigned fund balance of the General Fund of the District of Columbia at the end of a fiscal year, or at any other time.

(2) Subject to authorization in an approved budget and financial plan, any funds appropriated in the Fund shall be continually available without regard to fiscal year limitation.