SENATE NOTICE OF PUBLIC HEARING COMMITTEE: Finance TIME & DATE: 9:00AM, Wednesday, March 1, 2006 PLACE: E1.036 CHAIR: Senator Steve Ogden ___________________________________________________________________________ The Senate Finance Committee will hold a joint hearing with the Senate Transportation and Homeland Security Committee on Wednesday, March 1st at 9 a.m. in room E1.036 of the Capitol Extension. The Committee will hear testimony on the following joint interim charges: 1. Review the process by which the Texas Department of Transportation Commission allocates funds to the districts through the Allocation Program. Include a description of all scoring mechanisms used in making allocations of resources and make recommendations for maximizing the use of these funds to meet Legislative objectives. 2. Review the process by which the Texas Department of Transportation Commission determines which federal funding sources should be implemented to comply with funding reductions mandated by Congress. Assess the Commission's options for determining how projects that were to be funded out of these reduced revenue sources will be funded this biennium. ___________________________________________________________________________