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ACTIA 2002 -26 <br /> APPENDIX B <br /> POLICY REGARDING THE DEFINITION AND USE OF EXCESS REVENUES AND <br /> UNUSED FUNDS <br /> Excess Revenues <br /> Excess Revenues are those funds that exceed the funding shown in Alameda County's 20 -year <br /> Transportation Expenditure Plan (PLAN). Excess revenues can cone from higher than expected <br /> receipts or lower than expected project costs. <br /> Excess revenues are programmed annually in the ACTIA Strategic Plan based on geographic <br /> equity and the following priorities: <br /> 1. Meet the unanticipated needs of Tier 1 projects over the PLAN amount. <br /> 2. Address gaps in Special Transportation Service For Seniors And People With <br /> Disabilities. <br /> 3. Fund Tier 2 projects. <br /> Unused Funds <br /> Unused Funds are those funds that become available should a planned project become infeasible, <br /> unfundable or funded by others due to circumstances unforeseen at the time of the PLAN <br /> preparation. <br /> Unused Funds will be programmed to another project in the same planning area with the <br /> approval of a majority of the cities (and County for unincorporated areas) representing a majority <br /> of the population in the planning area. <br /> Any project eligible for funding must be in the PLAN. The PLAN may be amended by a two - <br /> thirds vote of the ACTIA Board. All jurisdictions within the County will be given a minimum of <br /> 45 clays to comment on the proposed PLAN amendment. <br /> Final 5/16/02 Page D -5 <br />