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Committee approves $950 transit appropriation from sale of two retired buses
Summary
The Legislature approved appropriating $950 into Capital Project No. 542 (line 542L6) from proceeds of auctioned buses; per FTA rules the funds must be used for transit-related expenditures.
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The committee approved a supplemental appropriation of $950 to Capital Project No. 542 (line 542L6) to reflect revenue received from auctioning two buses that had reached the end of their five-year useful life. Alan J. Sorensen explained the buses were auctioned and the combined proceeds totaled $950; per Federal Transit Administration regulations the funds must be used for transit-related expenditures.
The motion carried unanimously.
