Title
Discuss Budget
Summary
MEETING DATE: 12/6/2022
DEPARTMENT: Housing and Community Development
CONTACT: Akia Pichon, Transit Administrator
RECOMMENDED BOARD ACTION:
• None
ITEM SUMMARY:
• Discuss present means and future methods to fund program as well as revisit local math algorithm.
FINANCIAL SUMMARY:
• The program is primarily funded by the FTA and TXDOT grant funds along with an allocation provided by each city based to a formula. Since the CARES Act funding, the MUTD cities have not been required to allocate funds to the MUTD.