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Finance committee reviews ordinance to appropriate $2,494,720 federal and $623,683 local match for compressed natural gas buses

3145824 · January 2, 2025
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Summary

The finance committee reviewed an advanced ordinance on Jan. 2, 2025, to appropriate $2,494,720 in federal FTA grant funds and $623,683 in local match to buy compressed natural gas buses and a paratransit van for the Transit Enterprise Projects Fund.

On Jan. 2, 2025, the Fairbanks North Star Borough Assembly Finance Committee discussed an advanced ordinance sponsored by Mayor Hopkins to amend the fiscal year 2025 budget by appropriating $2,494,720 in federal grant funds and $623,683 in local matching funds from the Transit Enterprise Operating Fund to the Transit Enterprise Projects Fund for compressed natural gas (CNG) transit buses and paratransit vans.

Director Denton delivered the staff report, saying the funds are part of the Federal Transit Administration's low‑ or no‑emission grant program and…

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