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Submittal of Application to State Department of Transportation for Section 5339 Transit Grant Funding for Fixed-Route and Americans With Disabilities Act Service for TheBus
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BRIEF OVERVIEW
Section 5339 funding has been allocated to Hernando County. Capital (CAP) activities are eligible for reimbursement at 100% with the use of State toll/development revenue credits (20%) as a soft match. A letter has been sent to Florida Department of Transportation (FDOT) requesting use of State Toll Credits. Additionally, Section 5339 funding was appropriated by the Governor for Hernando County per the attached letters from the Florida Department of Transportation.
The application was submitted to Federal Transit Administration (FTA) and is currently in the review process. Hernando has lapsing 2021 federal capital funds that need to be awarded before September 1, 2024, as well as FY22 and FY23 appropriated funds that need to be applied for. These funds will be combined in 1 grant for capital activities.
FINANCIAL IMPACT
FTA Section 5339 funds apportioned to Spring Hill, Florida Urbanized Area (UZA) in Hernando County, Florida in the amount of $700,262.00. The funding allocations proposed to be used are as follows:
Apportionment Lapsing Date Amount S5339 Funds Balance
Year Programmed
2021 9/1/2024 $229,847.00 $1,593.00 $228,254.00
2022 $248,825.00 $248,825.00
2023 $223,182.00 $223,182.00
$701,854.00 $1,593.00 $700,261.00
Local Match Information: Florida Toll Revenue/Transportation Development Credits in the amount of $175,065 are expected to be used as a 20% soft match issued by the Florida Department of Transportation.
LEGAL NOTE
The Board has authority to act on this matter pursuant to Chapter 125, Florida Statutes.
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RECOMMENDATION
It is recommended that the Board authorize the Hernando County Transit Administrator to submit the application, accept, and execute FTA Section 5339 award and to program funds ...
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