Cal. Code Regs. tit. 2 § 1071.12

Current through Register 2024 Notice Reg. No. 41, October 11, 2024

Section 1071.12 - Purchased or Contracted Service

Transit service claimants contracting for transportation service and receiving Transportation Development Act Funds to pay for such service, shall include in "operating costs" and "fare revenues" the amount of fare revenues that are received by the entity providing the service and not transferred to the claimant. This will ensure the claimant has included all costs and revenues when determining operating ratios for state subvention purposes.

Cal. Code Regs. Tit. 2, § 1071.12

1. New section filed 8-12-80; effective thirtieth day thereafter (Register 80, No. 33).

Note: Authority cited and Reference: Section 53891, Government Code; Section 99243, Public Utilities Code.

1. New section filed 8-12-80; effective thirtieth day thereafter (Register 80, No. 33).