Farebox revenue is normally not allowed to be counted as match for transit. How will it be allowed for vanpools?
MAP-21 included a new provision specific to vanpool services. The law allows a vanpool provider to use revenues in excess of its operating expenses to acquire rolling stock as long as the private provider and the grantee enter into an agreement that specifies the private provider will use the rolling stock in the grantee’s service area. Therefore, the amount in excess revenues and other capital, less operating expenses and any governmental assistance could be used by the grantee as a credit toward the local match.