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TO: |
Board of Trustees |
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THROUGH: |
Jay Fox, Executive Director |
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FROM: |
Viola Miller, Chief Financial Officer |
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PRESENTER(S): |
Viola Miller, Chief Financial Officer |
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Dan Hofer, Director of Capital Programs and Support |
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TITLE:
title
R2026-03-03 - Resolution Approving the First Amendment to the Authority’s 2026-2030 Five-Year Capital Plan
end
AGENDA ITEM TYPE:
Resolution
RECOMMENDATION:
Approve Resolution R2026-03-03 to adopt Amendment 1 to the 2026 Five-Year Capital Plan
BACKGROUND:
Board Policy 2.1 - Financial Management requires the Executive Director to develop a five-year capital plan, to be approved by the Board of Trustees annually after consultation with the Local Advisory Council. The Authority needs to amend the 2026 Five-Year Capital Plan to account for:
• The impacts of the award of Federal Transit Administration 5339c grant funding to acquire new buses
The proposed amendment was presented at the January 28, 2026 Board meeting and to the Local Advisory Council for their consultation on February 18, 2026. The Local Advisory Council had no objections to the proposed amendment.
DISCUSSION:
This resolution provides for the adoption of the Five-Year Capital Plan as described below:
2026-2030 Five-Year Capital Plan
The proposed changes to the Five-Year Capital Plan will update two capital projects related to the purchase of Compressed Natural Gas (CNG) buses and Low-Emission Diesel buses. These adjustments are necessary to incorporate the two recently awarded 5339(c) Federal Grants.
The combined award amount of these grants is $41.8 million (detailed below) which does not include the UTA required match of $7.4 million for a total funding amount of $49.2 million. Of the UTA local match amount, $6.7 million is previously planned match and already included in the current approved plan, leaving a needed additional match of $0.7 million; therefore, the amendment adds the remaining $42.5 million to the Capital Plan.
New Grant Award Funding Being Recognized
• REV244- Clean Diesel Bus Purchase- 2025 5339(c) Grant: $20.5 million
• REV245- CNG Bus Purchase- 2025 5339(c) Grant: $21.3 million
ALTERNATIVES:
The Board may not approve the proposed amendment. If changes are needed, consultation with the Local Advisory Council would also be required, thus also delaying the service associated with this amendment.
FISCAL IMPACT:
2026-2030 Five-Year Capital Plan
The impact to the Five-Year Capital Plan will be an overall increase of $42,487,000 to the total Five-Year Plan amount increasing from $1,069,129,000 to $1,111,616,000. This increase in expense will be offset by incorporating $41,805,200 in new5339c grant funds, and $681,800 in UTA funds.
The increase in grant funds is due to the recently awarded 5339 formula fund grants for the purchase of new CNG and low-emission buses. As described in the discussion section above.
ATTACHMENTS:
• Resolution R2026-03-03, including the following exhibit:
o Exhibit A: First Amendment of the Authority’s 2026-2030 Capital Plan