Transit Administrative Costs
Overview of Section 341.071, Florida Statutes, Transit productivity and performance measures; reports.
Summary:
Effective July 1, 2024, Ch. 2024-57, LOF, amends 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. Beginning November 1, 2024, and every year thereafter, public transit agencies are required to report certain transit productivity and performance measures pursuant to Section 341.071(4)(b) and (d), F.S. Public transit providers receiving FDOT transit block grant funding are required to report. This requirement does not apply to the Central Florida Commuter Rail Commission or the South Florida Regional Transportation Authority. Specific requirements are listed in the statute link provided below.
Link to Statute:
Per Section 341.071(4)(c), the department shall determine, by tier, the annual state average of administrative costs by determining the percentage of the total operating budget which is expended on general administrative costs in the state. The tiers are Tier 1 and Tier 2 as defined by 49 C.F.R. part 625.
SFY 25 Average Administrative Costs*
Tier 1 – 24.05%
Tier 2 – 20.77%
*Based on FFY23 NTD