Title
FFY15 Section 5307/5340 Partial (4/12) Split Letter
Margaret Scully, LPA Staff
Felix Nwoko, LPA Staff
Narrative
Section 5307/5340 funds are allocated to urbanized areas for transit capital and operating assistance and for transportation related planning. The MPO's final 4/12 partial apportionment for FFY 15 for each program was released by FTA and the MPO fixed route transit operators (GoDurham, CHT, GoTriangle, OPT) developed a recommended distribution of this funding. A 'Split Letter' to FTA regarding the allocation of these funds among transit operators will need to be approved. Once the allocations have been approved by the MPO Board, the transit operators will be authorized to seek application or amend current applications for funding via FTA's electronic grants management system. Attached is the letter of recommendation to FTA for the 5307/5340 partial funding split. Also attached is a memorandum with additional information on the 5307/5340 program.
Recommendation
TC Action: Recommend that the MPO Board approve the distribution and endorse the attached letter to FTA for the FFY15 Partial (4/12) Apportionment distribution of Section 5307/5340 funds.
Board Action
Board Action: Approve the distribution and endorse the attached letter to FTA for the FFY15 Partial (4/12) Apportionment distribution of Section 5307/5340 funds.