415 Neb. Admin. Code, ch. 2, § 002

Current through September 17, 2024
Section 415-2-002 - DEFINITIONS

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:
002.04A FACTORS AFFECTING ELIGIBILITY COSTS: To be eligible under the subsidy program, costs must meet the following general criteria:
002.04A1 Be necessary and reasonable for proper and efficient administration of the transportation program, be allocable thereto under these principles, and, except as specifically provided herein, not be a general expense required to carry out the overall responsibilities of local governments unless totally applicable to the project.
002.04A2 Be authorized or not prohibited under State or local laws or regulations.
002.04A3 Be consistent with policies, regulations, and procedures that apply uniformly to federally assisted. State assisted and other activities of the unit of government of which the contractor is a part.
002.04A4 Be accorded consistent treatment through application of generally accepted accounting principles appropriate to the circumstances.
002.04A5 Not be allocable to, or included as a cost of, any other federally or State financed program in either the current or prior period.
002.04A6Not include depreciation or capital costs.
002.04A7 Be net of all applicable credits.
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.

415 Neb. Admin. Code, ch. 2, § 002

Amended effective 7/28/2021