TO: AC Transit Board of Directors
FROM: Salvador Llamas, General Manager/Chief Executive Officer
SUBJECT: Application for Fiscal Year 2025-26 LCTOP Funds
ACTION ITEM
AGENDA PLANNING REQUEST: ?
RECOMMENDED ACTION(S):
Title
Consider adoption of Resolution No. 26-028 authorizing the General Manager or designee to file and execute applications and funding agreements with the California Department of Transportation (Caltrans) for allocations of the FY 2025-26 Low Carbon Transit Operations Program (LCTOP) funds for the Realign Service Operating Service Assistance Project and International Boulevard Transit Lane Delineation Phase 2 Project, execute related Certifications and Assurances and assign the General Manager, or designee, as the Authorized Agents for resulting LCTOP grants.
Staff Contact:
Paul Kincaid, Interim Chief Financial Officer
Body
STRATEGIC IMPORTANCE:
Goal - Financial Stability and Resiliency
Initiative - Financial Efficiency and Revenue Maximization
These LCTOP funds will support the Operating and Capital Budgets.
BUDGETARY/FISCAL IMPACT:
The District’s share of Cycle B revenue-based allocation is $2,897,757 and population-based allocation is $1,617,138. There was no cycle A allocation for population-based funds.
Staff anticipates receiving the LCTOP allocations by March 2027. There is no matching requirement for these funds. Both the new operating and capital funds have been included in the FY 2026-27 Operating and Capital Budgets. The operating funds will offset operating costs on Realign routes and the capital funds are for the improvements on International Boulevard corridor.
No match is required for the LCTOP funds.
BACKGROUND/RATIONALE:
The LCTOP program is administered by Caltrans and is funded by auction proceeds from the California Air Resource Board’s (CARB) Cap and Trade Program, with proceeds distributed to transit operators annually using the State Transit Assistance (STA) formula.
The STA formula consists of t...
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