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Public Hearing - FFY23, 24 & 25 5307 Urbanized Area Formula Funding Application
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INFORMATION CONTACT:
Theresa Torres, Human Services Agency, Transportation Director, 704-283-3598
ACTION REQUESTED:
Conduct a public hearing to accept public comments regarding the application for funding through the 5307 Urbanized Area Formula Funding Grant.
PRIOR BOARD ACTIONS:
None.
BACKGROUND:
The 5307 Urbanized Area Formula Funding program makes federal resources available to urbanized areas for transit capital and operating assistance in urbanized areas and for transportation-related planning. Eligible 5307 activities include planning, engineering, design, and evaluation of transit projects and other technical transportation-related studies; capital investments in bus and bus-related activities such as replacement, overhaul, and rebuilding of buses, crime prevention and security equipment and construction of maintenance and passenger facilities; and capital investments in new and existing fixed guideway systems including rolling stock, overhaul and rebuilding of vehicles, track, signals, communications, and computer hardware and software. All preventive maintenance and some Americans with Disabilities Act complementary paratransit service costs are considered capital costs. Operating assistance is only an eligible expense for urbanized areas with populations less than 200,000.
5307 funds allocated to the Charlotte urbanized area are distributed using a formula that considers population, bus fleet, and transit service provided in its urbanized area outside of Charlotte, which includes the remainder of Mecklenburg County, Iredell County, York County, and Union County.
Based on the current distribution formula created by the Charlotte Area Transit System (CATS) and approved by the Charlotte Regional Transit Planning Organization (CRTPO), Union County will receive up to:
* $2,041,740 in Federal 5307 funds from FFY23.
* $2,353,090 in Federal 5307 funds from F...
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