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Learn more about us Page I of 2 <br />The trust fund is allocated three ways: <br />Trust fund allocation <br />coastallestuarine access <br />- 65 percent to the state parks <br />through the N.C. Division of <br />Parks and Recreation. <br />- 30 percent as dollar-for dollar <br />matching grants to local <br />governments for park and <br />recreation purposes. <br />- 5 percent for the <br />Coastal and Estuarine <br />Water Access Program. <br />Responsibilities of the Authority <br />The 11- member <br />Parks and <br />Recreation <br />Authority, meeting <br />quarterly, makes <br />decisions on how <br />money from the <br />Parks and <br />Recreation Trust <br />Fund is allocated. <br />The authority is <br />comprised of three <br />Shallowford Square, Lewisville, NC <br />Pictured above is Lewisville's first park, <br />funded by PARTF in 1997. The 2.65-acre <br />area includes an amphitheater and pavilion, <br />pergola, playground, scenic overlook, and <br />.25-mile trail. <br />http://www.partfnet/leam.html 1/5/2007 <br />North Carolina <br />Parks & Recreation <br />Trust Fund 1 <br />Learn more about us <br />-A brief summary and responsibilities of the Authority <br />- Me - e - t - the Authority uth-ority <br />_jjsti_ng$ of grant recipients <br />A brief summary <br />The fund was established in 1994 by the North Carolina <br />General Assembly and is administered by the Parks and <br />Recreation Authority. The fund is fueled by money from <br />the state's portion of the real estate deed transfer tax for <br />property sold in North Carolina. <br />The trust fund is allocated three ways: <br />Trust fund allocation <br />coastallestuarine access <br />- 65 percent to the state parks <br />through the N.C. Division of <br />Parks and Recreation. <br />- 30 percent as dollar-for dollar <br />matching grants to local <br />governments for park and <br />recreation purposes. <br />- 5 percent for the <br />Coastal and Estuarine <br />Water Access Program. <br />Responsibilities of the Authority <br />The 11- member <br />Parks and <br />Recreation <br />Authority, meeting <br />quarterly, makes <br />decisions on how <br />money from the <br />Parks and <br />Recreation Trust <br />Fund is allocated. <br />The authority is <br />comprised of three <br />Shallowford Square, Lewisville, NC <br />Pictured above is Lewisville's first park, <br />funded by PARTF in 1997. The 2.65-acre <br />area includes an amphitheater and pavilion, <br />pergola, playground, scenic overlook, and <br />.25-mile trail. <br />http://www.partfnet/leam.html 1/5/2007 <br />