1998 Session

Budget Amendments - SB30 (Conference Report)

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Transit Performance Funding

Item 534 #1c

Item 534 #1c

First Year - FY1999 Second Year - FY2000
Rail and Public Transportation, Department of FY1999 ($5,000,000) FY2000 $0 NGF

Page 312, line 1, strike "$105,171,300" and insert "$100,171,300".
Page 313, strike lines 15 through 23, and insert:
"G.  From the Commonwealth Transportation Funds, $5,000,000 the second year is designated for the Transit Performance Incentive Program.  This program is to be administered by the Department of Rail and Public Transportation.  The basis for awards from this program shall be good or improved transit service efficiency and effectiveness, and the achievement of locally established transit performance goals.  Transit performance incentive grant amounts shall be established that use a $5,000 minimum grant and that also use the existing transit formula assistance program methodology.  Any funds remaining in this program after grants are awarded each year shall be carried forward to the next fiscal year and may be used to augment this or other state transit assistance programs as described in §58.1-638.4, Code of Virginia."

(This amendment delays until the second year the new transit performance funding program, and clarifies the intent of the program.)