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TYANSIT <br /> Existing Conditions SHOR TTRRANGGE E TROUNLANN <br /> Figure 33: FY2022 and FY2023 OCTS Revenues <br /> FY2022 FY2023 <br /> Source Amount %of Total Amount %of Total <br /> Federal <br /> 5307 Urbanized Area Formula $133,787 6.17% $141,102 5.60% <br /> 5311 CTP Funds $154,976 7.14% $184,580 7.33% <br /> Federal Total $288,763 13.31% $325,682 12.94% <br /> State <br /> ROAP Funds $197,845 9.12% $211,284 8.39% <br /> State Total $197,845 9.12% $211,284 8.39% <br /> Local <br /> Transit Tax* $765,987 35.31% $948,482 37.68% <br /> Local Government Funds $767,112 35.37% $952,896 37.85% <br /> Fares $12,419 0.74% $27,610 1.39% <br /> Charge for Services $136,888 6.31% $51,493 2.05% <br /> Local Total $1,682,406 77.57% $1,980,481 78.67% <br /> Total Revenue 2169 014 2 517 447 <br /> *Note:The Orange County Transit Tax is a reimbursement of Local Government Funds and does not include funds set aside for the Transit Plan Update process. <br /> state, and local levels. This list builds upon work completed <br /> FUNDING SOURCES through the BGMPO Regional Transit Feasibility Study. <br /> OCTS's annual expenses exceed its revenues, and additional <br /> investments are needed to fulfill the level of transit need Federal Sources <br /> identified in Orange County. To increase its revenues, OCTS can <br /> work to fully utilize existing funding sources, including the Orange Section 5307 <br /> County Transit Tax, and tap into new ones. The following is a non- Section 5307 is FTA's Urbanized Area Formula Program. These <br /> exhaustive list of the funding sources available at the federal, funds are available for transit agencies that operate within a <br /> Nelson\Nygaard Consulting Associates 5-2 <br />