OUTBoard agenda 041818 - Laserfiche WebLink

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FUNDING ASSISTANCE Administrative Budgets Applicants are expected to carefully consider administrative budget request submissions. A careful review of actual line item expenditures over the past 2 -3 years should play an integral role in determining current budget request. For the FY2018 Call for Projects, an interim funding allocation formula will be used. The interim funding formula provides 1) a base level of $30,000 for each county in the 5311 - funded transit system's service area, and 2) allocates the remaining funds based on the amount of funds that were generated by each transit system. The remaining funds are distributed based on the FTA Apportionment formula which is how FTA determines the apportionment to each state. If the amount apportioned to a transit system was below FY 2017 totals, state or other federal funds were added to bring the allocation to back to that level. If you were above the amount, you will receive a slight increase. Funding allocations will be provided to each transit system through their Mobility Development Specialist. * ** System requests may not go over the federal and state amount allocated. Vehicle insurance is an allowable administrative expense in the CTP application. Only active revenue vehicles are eligible for vehicle insurance cost participation by PTD. The applicant will be required to submit the following documentation that will be used to determine the PTD financial participation level for vehicle insurance: • Certificate of Insurance - verifying liability limits, and the deductible amount, • Auto Schedule — a list of the vehicles insured and the cost associated with insuring each vehicle at the required levels. The PTMS cannot be used as a substitute for the Auto Schedule. The applicant should request this information from their insurance provider. PTD will cap reimbursement to the federal and state share of 85% of the actual annual premium cost, up to a maximum annual premium cost of $2,500 per revenue vehicle. Note: All Transit systems are required to have a minimum amount of insurance, $1.5 Million per vehicle, but transit systems that have 16 passenger vehicles or larger in their fleet must have insurance coverage of $5 Million. Training - Employee Education Expenses (Object Code 395) — These funds are intended to support training and development activities for community transportation systems' employees. Eligible employee training expenses include: registration fees, tuition, books and materials for approved courses; travel, lodging and meals related to approved training activities; fees for purchase or rental of Video or CD -ROM training or fees for participation in Internet or world wide web based training courses (excluding basic Internet service provider fees); and instructor fees and materials cost for approved courses. Employee Development funds may be used to