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Finance committee reviews federal transit grant to buy CNG van and cover operations
Summary
The Fairbanks North Star Borough Finance Committee heard a staff report on an ordinance to appropriate $2,121,898 in federal transit grant funds and $15,034 in local match for operating assistance and a compressed natural gas van; committee discussion clarified use of funds and fund balances but no vote was recorded in the transcript.
An ordinance to amend the borough's fiscal year budget by appropriating $2,121,898 in federal grant funds and $15,034 in local match to support transit operations and to purchase a compressed natural gas (CNG) transit van was presented and discussed at the Fairbanks North Star Borough Finance Committee meeting.
Ms. Denton, director of the Transportation Department, told the committee the appropriation is the borough's annual Federal Transit Administration (FTA) operating grant. "The FTA was late in determining the formula calculation that the FNSB would receive and as such we were not able to include the total amount during the FY25 budget…
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