Submitted By: Tye Chighizola
presenter
Presentation By: Tye Chighizola
end
Department: Growth Management
STAFF RECOMMENDATION (Motion Ready):
title
Open a public hearing to review and receive comments concerning SunTran's proposed budget for Fiscal Year 2023 which includes 5307 grant funding ($2,945,359) from the Federal Transit Administration, Florida Department of Transportation Block Grant funding, toll road revenue credits, and local matches from the City and County (total budget of $4,522,364)
end
OCALA'S RELEVANT STRATEGIC GOALS:
Economic Hub, Operational Excellence
PROOF OF PUBLICATION:
Ocala Gazette ad ran on February 9, 2024.
body
BACKGROUND: The Ocala City Council will hold a public hearing Tuesday, February 20, 2024, to review and receive comments on SunTran's Fiscal Year 2023 budget (5307 FTA Grant - Capital and Operating Funds). The proposed budget also includes Florida Department of Transportation (FDOT) Block Grant funding, toll revenue credits, and local City/County matches.
Fiscal Year 2023 Federal Transit Administration (FTA) SunTran Budget
FTA 5307 Capital Budget
Capital Cost of Contracting (RATP Dev USA, Inc.)
$1,105,280
Rebuild Engines and Transmissions for four 35 ft buses
$240,000
Shop Equipment
$8,000
Avail Maintenance
$200,000
Radio Maintenance
$12,000
ADA Transportation
$235,628
1% Security
$23,563
Sub-Total FTA Capital Budget
$1,824,471
State Toll Revenue Credits
$456,118
Total Capital Budget
$2,280,589
FTA 5307 and FDOT Block Grant Operating Budget/Local Match
FTA Operating/less program income
$1,120,888
FDOT Operating/less program income
$557,556
City/County Local Match/less program income
$563,331
Total Operating Budget/less program income
$2,241,775
Total Capital and Operating Budget
$4,522,364
The total budget is $4,522,364 with $2,945,359 being the 5307 FTA Grant. The remaining $1,577,005 is split between the state toll revenue credits, FDOT Block Grant operating dollars, City/Coun...
Click here for full text