Federal grant · formula grant (a)
This Is an Application for Ffy 2022 Section 5307 Funding. the Grant Amount Is $3723034 Which Is 100% of the Amount Allocated to the City of Cedar Rapids Through the Iowa Dots Sub-allocation Letter of Iowas Ffy 2022 Statewide Apportionment of 5307 Funds Dated May 6 2022. - Purpose: These Grant Funds Will Be Used on a 50% Federal Share and 50% Local Match to Support the FY24 and FY25 Eligible Operating Expenses Such as Driver Salaries Fuel Items Having a Useful Life of Less Than One Year. for Cedar Rapids Transit.- Activities to Be Performed: Activities Will Be Eligible Fta Defined Operating Expenses for Cedar Rapids Transits Fixed-route and Paratransit Service. - Expected Outcomes: the Expected Outcomes Will Be the Continued Provision of Fixed-route and Paratransit Service in the Cedar Rapids Transit Service Area.- Intended Beneficiaries: the Primary Beneficiaries Will Be the Passengers and Businesses That Rely on Public Transit Service for Their Transportation Needs.- Subrecipient Activities: None- Local Match: the Local Match Will Come From the City of Cedar Rapids Transit Levy and the Amount of the Match Will Be No Less Than the Grant Amount of $3723034.FUNDING SUMMARY:$3723034 Fy 22 5307$3723034 Local MATCH$7446068 Total
Committed
$3.7 Million
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The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
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One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .
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