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Exhibit A ANALYSIS For FY 2014, the SRA has requested that the County apply for federal Section 5307 funds on the SRA's behalf so that the SRA can provide for the continuation and expansion of its GoLine-'Community Coach fixed route and demand response bus services. As proposed. the grant will allow the Senior Resource Association to leverage local and state funds to continue and expand needed public transportation services within Indian River County. A copy of the County's proposed FY 2013 Section 5307 grant application is provided in Attachment -41.As required by I.rderal Transit Administration(Fr:\.1 i regulations,the attached grant application was prepared using FI A's Transportation Flectronic Award and Management(TEAM)software. As it has in the past. the VIA requires grantees to utilize its TEAM software in the development, submittal, modification, and management of Section 5307 grants. As indicated in the attached grant application, the total proposed budget amount is 54,120.000. O1 that amount,the federal portion is$3.120,000.That includes both capital and operating grant funds. Overall,the federal share of the proposed budget consists of.52.120,000 in capital expenditures and 51.000.000 in operating expenditures. For the nonfederal share of capital expenditures($530,000), the County vv ill use toll revenue credits as a soil match. Because a soft match is non-cash, this amount is not included in the project total. For the nonfederal share of operating expenditures(50%), the match will consist 01 5500,000 in FDO"f grants and 5500,000 from Indian River County.In this case, the County's contribution consists of previously approved general fund monies budgeted specifically for this purpose. According 10 Section 5307 grant application requirements. the designated recipient(Indian River County)must hold a public hearing to obtain the views of-citizens on time proposed grant application. In keeping with that requirement, staff has published a notice of the March 18th meeting and has scheduled this item as a public hearing. As a necessary prerequisite for submittal of this Section 5 307 application,the MPO has included the proposed Section 5307 funding in its FY 2014-2018 Transportation Improvement Program (TIP). The proposed grant application is also consistent with the MPO's adopted ten year Transit Development Plan and 2035 Long Range Transportation Plan. To apply for Section 5307 funds, the Board of County Commissioners must adopt the attached resolution(Attachment 42),authorizing staff to submit the attached grant application.The resolution has been reviewed and approved by the County Attorney's Office. FUNDING Funding in the amount of 5500,000 is budgeted and available in the General Fund /Community Transportation Coordinator account(Account Number 00111041-088230) These funds are part of the allocation given to the Senior Resource Association to provide transit service in the county. F,Co' muno Detciupmen1\Users..'+1POT,ansd(grant,t5107.20!1'lbec;raftrepro do: X S 38 `3,'t Page 36