(30 ILCS 740/3-1.09) (from Ch. 111 2/3, par. 689.1)
Sec. 3-1.09.
"Eligible administrative expenses" means those expenses
required to provide public transportation, other than those defined as
"eligible operating expenses" in Section 3-1.04 of this Act, including, but
not limited to, general, administrative and overhead costs such as salaries
of the project director, office personnel such as secretary and bookkeeper,
office supplies, facilities, rental, insurance, marketing, and interest on
short-term loans for operating assistance. "Eligible administrative
expenses" shall not include allowances: (a) for depreciation whether funded
or unfunded; (b) for amortization of any intangible costs; (c) for debt
service on capital acquired with the assistance of capital grant funds
provided by the State of Illinois; (d) for profits or return on
investments; (e) for excessive payment to associated entities; (f) for
costs reimbursed under Sections 6 and 8 of the "Urban Mass
Transportation
Act of 1964", as amended; (g) for entertainment expenses; (h) for charter
expenses; (i) for fines and penalties; (j) for charitable donations; (k)
for interest expense on long term borrowing and debt retirement other than
on publicly owned equipment or facilities; (l) for income taxes; (m) for
those expenses defined as "eligible operating expenses" under Section
3-1.04 of this Article; or (n) for such other
expenses as the Department may determine consistent with federal Department
of Transportation regulations and requirements.
(Source: P.A. 91-357, eff. 7-29-99.)
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