OUTBoard agenda 041818 - Laserfiche WebLink

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media for clients would be considered farebox revenue. A voluntary or mandatory fee that a college, university, or similar institution imposes on all its students for free or discounted transit service is not farebox revenue. Farebox revenue must be used to reduce total operating expenses (treated as revenue). Funds received pursuant to a service agreement with a State or local social service agency or a private social service organization may be used as local match. Income from contracts to provide human service transportation may be used either to reduce the net project cost (treated as revenue) or to provide local match for Section 5311 operating assistance. In either case, the cost of providing the contract service is included in the total project cost. The manner in which a subrecipient applies income from human service agencies to a project affects the calculation of net operating expenses and, therefore, the amount of Section 5311 operating assistance the project is eligible to receive. * ** System requests may not go over the federal and state amount allocated. Sources of Local Match. Local match for the remainder of net project costs may be provided from: An undistributed cash surplus, a replacement cash fund or reserve, a service agreement with a State or local social service agency or a private social service organization; or Amounts appropriated or otherwise made available to a department or agency of the Government (other than the [U.S.] Department of Transportation) that are eligible to be expended for transportation. Note: Fare box revenue is not an applicable source of local match. Examples of non - Federal sources that may be used for any or all of the local share include: State or local appropriations; dedicated tax revenues; private donations; and net income generated from advertising and concessions. Subrecipients may use funds from other non -DOT Federal agencies (e.g., employment training, aging, community services, vocational rehabilitation services, and TANF) for the entire local match if the other agency makes the funds available to the recipient for the purposes of the project. Any non -DOT Federal funds used as local match must be used for activities included in total net project costs of this grant. Net Operating Expenses = Total Eligible Operating Expenses - Fare Revenues Cost Participation: The Federal share for net - operating expenses may not exceed 50 %. ONLY the systems listed below are eligible for STATE OPERATING Funds and must apply for a development grant W