Federal grant · formula grant (a)

Greater Roanoke Transit Co

Application Purpose: the Greater Roanoke Transit Company (GRTC) Is Applying for Ffy 2015 Ffy 2016 and Ffy 2017 Section 5339 Bus and Bus Facilities Funds in the Amount of $729370 ($254977 the Balance of Ffy 2015 Funds $269480 Ffy 2016 Funds and $204913 in Partial Ffy 2017 Funds) to Purchase the Following:; Activities Performed: Six (6) Replacement Ada Cut-away Busesrehabilitation of Administration/maintenance Facilitypurchase of Softwarepurchase of Hardwarepurchase of Security Surveillance Equipmentshop Equipment; Expected Outcomes: Replacement of Rolling Stock State of Good Repair; Intended Beneficiaries: Transit Passengers Employees; Subrecipient Activities: Na

Committed

$729,370

Paid out
$540.7K
74%
Committed, not yet paid
$188.7K
26%

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗