(30 ILCS 740/4-1.10) (from Ch. 111 2/3, par. 699.10)
Sec. 4-1.10.
"Eligible operating expenses" means direct labor,
material and overhead expenses incurred on an accrual basis by an operator
to provide mass transportation service in the urbanized area during one
local fiscal year, including expenses for contractual services directly
incident to the management and operation of transportation services, which
are not otherwise reimbursed, and any expenditure which is an operating
expense according to standard accounting practices for the providing of
public transportation and which the Secretary may determine, consistent with
federal Department of Transportation regulations and requirements.
(Source: P.A. 86-16.)
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