TITLE 92: TRANSPORTATION
CHAPTER I: DEPARTMENT OF TRANSPORTATION
SUBCHAPTER h: PUBLIC TRANSPORTATION
PART 651 REGULATIONS FOR PUBLIC TRANSPORTATION ASSISTANCE TO NEW PROGRAMS IN NONURBANIZED AREAS
SECTION 651.303 AMOUNTS OF AND LIMITS ON OPERATING ASSISTANCE GRANTS
Section 651.303 Amounts of and Limits on Operating Assistance Grants
The Department is authorized under the Act to make operating assistance grants to any participant for an amount not to exceed 50% of the project operating deficit from the participant's approved program of proposed expenditures. The Department will make grants from apportioned funds for 50% of such deficits; however, if 50% of the total approved projected operating deficits of all participants from a region exceeds the total amount of funds apportioned to that region, then the Department will make grants from apportioned funds for less than 50% of such deficits to participants in that region. In such regions, available discretionary funds can be used by the Department for the purpose of supplementing a grant to be made to a participant from apportioned funds so that the total Section 18 operating assistance grant to such participant is closer to the full 50% of the participant's approved projected operating deficit.