Nebraska Administrative Code
Topic - TRANSPORTATION, DEPARTMENT OF
Title 415 - NEBRASKA DEPARTMENT OF TRANSPORTATION - LOCAL ASSISTANCE DIVISION
Chapter 2 - Nebraska Public Transportation Assistance Program
Section 415-2-002 - DEFINITIONS
Current through September 17, 2024
As used herein:
002.01 RECIPIENT: An eligible applicant whose application has been approved and has entered into an agreement with the State under this program.
002.02 PROJECT: A recipient's Public Transportation System.
002.03 CAPITAL ACQUISITIONS Eligible costs for investments in the purchase, replacement, and rebuilding of buses and other vehicles used for public transportation. Rebuild is a capital expense associated with rolling stock that occurs at or near the end of a unit's useful life, and which results in an extended useful life for the unit.
The department shall submit an annual report to the chairperson of the Appropriations Committee of the Legislature on or before December 1 of each year regarding funds requested by each applicant for eligible capital acquisition and operating costs in the current fiscal year. The report shall be submitted electronically and include the requests and grants awarded for handicapped vans, and handicapped accessible fixed route bus systems.
002.04 ELIGIBLE OPERATING AND CAPITAL AQUSITION COSTS:
002.05 OPERATING REVENUE: Revenue generated from the operation of the system and includes passenger charges, such as fares or subscription charges, from rent or lease of vehicles, from rent or lease of vehicle space for advertising, gifts, or contributions, but shall not include taxes or cost reimbursements such as insurance damage payments.
002.06 FEDERAL OPERATING FUNDSI: Non-Department of Transportation Federal funds available to offset operating loss; such funds are to be considered as revenue. The Department of Transportation dill advise recipients of applicable federal funding programs and wilt determine the extent to which recipients attempted to secure such funding to offset operating costs.
002.07 ELIGIBLE OPERATING DEFICIT; The amount of eligible costs incurred in the operation of a public transportation system which exceeds the total amount of operating revenue and reportable federal funding.