PLACEMENT: Consent
TITLE:
title
MARTIN COUNTY PUBLIC TRANSIT (MARTY) ADMINISTRATIVE COST CERTIFICATION
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EXECUTIVE SUMMARY:
executive summary
Effective July 1, 2024, Ch. 2024-57, Laws of Florida, amended section 341.071, F.S., Transit productivity and performance measures; reports, by adding subsection (4). This new provision requires public transit providers to disclose certain information and documentation relating to its budgeted and general administrative costs.
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DEPARTMENT: Public Works
PREPARED BY: Name: Ashman Beecher
Title: Transit Administrator
REQUESTED BY: Ashman Beecher
PRESET:
PROCEDURES: None
BACKGROUND/RELATED STRATEGIC GOAL:
The Florida Legislature addition of subsection (4) amending 341.071 F.S. requires Public Transit providers starting November 1, 2024, and annually thereafter to certify that its budgeted and general administrative costs (as defined by 341.071F.S. (4)(a)) are not greater than 20 percent above the annual state average of administrative costs for its respective tier as determined by the Florida Department of Transportation (FDOT) at a publicly noticed meeting of its Governing Board. FDOT has determined the state average of administrative costs to be 20.77%. Martin County Public Transit (Marty) is a Tier II agency and has determined the 2023 administrative costs to be 0.988%.
ISSUES:
As a recipient of Florida Department of Transportation (FDOT) Block Grant funds, Martin County Public Transit (Marty) is submitting the Certification of Administrative Cost for FY2023 by the BOCC, pursuant to Section 341.071(4)(b) and (d), F.S.
LEGAL SUFFICIENCY REVIEW:
None
RECOMMENDED ACTION:
RECOMMENDATION
Move that the Board approve the Martin County Public Transit (Marty) Administrative Cost Certification.
ALTERNATIVE RECOMMENDATIONS
Pull this item from the Consent Agenda and direct staff accordingly.
FISCAL IMPACT:
RECOMMENDATION
None
ALTERNATIVE RECOMMENDATIONS
None
DOCUMENT(S) REQUIRING ACTION...
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