3100a

(a) There is hereby established in the Treasury of the Virgin Islands, a separate and distinct fund to be designated the 'Public Transportation Fund', hereinafter, the 'Fund'. The Commissioner of Finance shall provide for the administration of the Fund and no monies contained therein shall be available for expenditure except as provided in this section.\n(b) The Fund shall consist of all sums appropriated thereto from time to time by the Legislature and all sums received from grants, subsidies and farebox collections by the public bus system.\n(c) Monies deposited in the Fund shall be disbursed by the Commissioner of Finance, at the direction of the Commissioner of Public Works, for the operation and maintenance of the public transit system, including salaries and fringe benefits and any other operating expenses of the system.