Transit Reduced Fare Reimbursement for the Regional Transportation Authority
CSFA Number: 494-80-1126
Agency Name
Department Of Transportation (494)
Agency Contact
Joe Iacullo
312-793-0035
Joseph.iacullo@illinois.gov
Short Description
This program provides state funding to the Regional Transportation Authority to partially reimburse RTA's Service Boards (CTA, Metra and Pace) for annual lost revenues associated with federally-required reduced fares for students, elderly and individuals with disabilities.
Subject Area
Economic Development
Program Function
Transportation
Enabling Legislation
Section 305 of the Civil Administrative Code of Illinois (20 ILCS 2705/2705-305).
Objectives and Goals
To partially fund lost revenues attributed to federally-mandated reduced fares.
Types of Assistance
Direct Payments for Specific Use
Uses and Restrictions
This funding only available for reimbursement of reduced fares.
Eligibility Requirements
This funding only available to the RTA.
Eligible Applicants
Government Organizations;
Application and Award Processing
No new applications being accepted.
Assistance Consideration
Funding subject to annual appropriation.
Post Assistance Requirements
Independent audit to determine eligible cost and reimbursement for reduced fares provided by CTA, Metra and Pace to be submitted by RTA.
Regulations, Guidelines, Literature
2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards; contract requirements.
Funding By Fiscal Year
FY 2015 : $17,570,000
FY 2016 : $17,570,000
FY 2017 : $17,570,000
FY 2018 : $17,570,000
FY 2019 : $17,570,000
FY 2020 : $17,570,000
Federal Funding
None
Notice of Funding Opportunities
None