| | | | | | | | City of Independence | AGENDA ITEM COVER SHEET |
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| | | | | | | | Agenda Title:
23-069 1R An ordinance authorizing an agreement with the Missouri Highways and Transportation Commission for the public transit operating assistance grant in the amount of $105,206.25 for operating expenses associated with transit service for the period July 1, 2023, through June 30, 2024; and making the necessary appropriations. |
| | | | | | | | Recommendations:
Staff recommends approval. |
| | | | | | | | Executive Summary:
Transit operating assistance from the Missouri Highways and Transportation Commission is a program offered to cities and agencies providing fixed-route transit service in their respective service areas. The amount of the award is $105,206.25 and is applied beginning immediately through June 30, 2024 until funds are exhausted. |
| | | | | | | | Background:
The Missouri Highways and Transportation Commission announced availability of limited funding for the operation of fixed-route transit systems for fiscal year 2023-2024. The Commission awarded the City of Independence $105,206.25 for transit operated in the City.
Matching funds are not required as part of this grant agreement, and the grant will provide reimbursement for actual expenses as they occur. |
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Fiscal Impact:
The Public Transit Operating Assistance Grant will off-set the approved 2023-24 budgeted costs for the operation of public transit system in Independence. The fiscal impact to the City is $105,206.25. The Revenue will be deposited in the Grant Fund 015 and a budget appropriation for expenditures in 4450-5226-PTOA in the Grant Fund.
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| | | | | | | | Department: Community Development | Contact Person: Tom Scannell |
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REVIEWERS: | Department | Action | Community Development Department | Approved | Finance Department | Approved | City Managers Office | Approved | City Clerk Department | Approved |
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Council Action: | Council Action: |
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