The term "capital requirements" means, for a fiscal year, the amount of all funds expended during the fiscal year by an operator for its public transportation system for those purposes specified in Public Utilities Code Section 99262, exclusive of all costs in the operating expense accounts of the uniform system of account and records adopted by the State Controller pursuant to Public Utilities Code Section 99243.
Cal. Code Regs. Tit. 21, § 6611.4
Note: Authority cited: Section 99241, Public Utilities Code. Reference: Sections 99241, 99268, 99268.1, Public Utilities Code.