California Code of Regulations
Title 21 - Public Works
Division 3 - California State Transportation Agency
Chapter 2 - Transportation Development [Renumbered]
Article 4 - Responsibilities of Operators
Section 6633.1 - 50-Percent Expenditure Limitation
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
(a) For an operator qualifying under Public Utilities Code Section 99268.1, the funds received from the local transportation fund under Article 4 of the Act shall not, except as provided in subdivisions (b), (c), and (d), exceed 50 percent of the amount that is the sum of the operator's operating cost, capital requirements, and debt service requirements less the sum of the operator's revenues from federal grants and the state transit assistance fund. For this purpose, the operator's revenues from federal grants and the state transit assistance fund shall be the amounts formally recognized in the operator's accounts during the fiscal year in conformity with the uniform system of accounts and records.
(b) The operator may receive from the local transportation fund up to 100 percent, rather than 50 percent, of the amount representing its capital requirements for projects in one of the following categories:
(c) The operator may receive from the local transportation fund up to 100 percent, rather than 50 percent, of the amount representing the operating cost of an extension of its public transportation system if the extension is within the definition of Section 6619.1 and if all the conditions of Section 6633.8 are met.
1. New section filed 12-24-79 as an emergency; effective upon filing. Certificate of Compliance included (Register 79, No. 52).
2. Repealer of subsection (d) filed 8-17-89; operative 9-16-89 (Register 89, No. 34).
Note: Authority cited: Section 99241, Public Utilities Code. Reference: Sections 99241, 99268, 99268.1, 99268.7, 99270 and 99281, Public Utilities Code.