Submitted By: Tye Chighizola
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Presentation By: Tye Chighizola
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Department: Growth Management
STAFF RECOMMENDATION (Motion Ready):
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Adopt Budget Resolution 2024-162 to amend the Fiscal Year 2023-24 budget to accept and appropriate funding from the Federal Transit Administration 2023 5307 Grant in the amount of $2,945,359
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OCALA'S RELEVANT STRATEGIC GOALS:
Quality of Place, Fiscally Sustainable
PROOF OF PUBLICATION:
N/A
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BACKGROUND: The Ocala City Council held a public hearing on Tuesday, February 20, 2024, to review and receive comments on SunTran's Fiscal Year 2023 budget (5307 FTA Grant - Capital and Operating Funds). The budget includes Florida Department of Transportation (FDOT) Block Grant funding, toll revenue credits, and local City/County matches. In August, the City and FTA executed the grant.
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 ($456,118), FDOT Block Grant operating dollars ($557,556), and City/County local match ($563,331).
The proposed budget includes capital and operating dollars to support SunTran. Operating expenses include fuel, utilities, staff salaries, and operating supplies. The capital items include rebuilding transmissions/engines for four buses, software/hardware maintenance updates, new shop equipment, security upgrades, and Americans with Disabilities Act (ADA) transportation funding.
FINDINGS AND CONCLUSIONS: Annually, FTA Section 5307 funds are allocated to communities for the operation of fixed-route public transit systems. The City of Ocala is the policy board for SunTran and oversees RATP DEV, the company that manages SunTran.
FISCAL IMPACT: The FTA 5307 grant ($2,945,359) is awarded to the City to operate SunTran. The 5307 funds will be received in account 494-331-000-000-09-33726 and expended via multiple accounts in 494-060-490-544* and 494-060-491-544*.
PROCUREMENT ...
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