F-10 Report - Funding Sources

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Overview

Transit agencies must report operating and capital expenses based on the source of funds.

They must select one of the following funding source categories:

  • Directly Generated Funds
  • Local Government Sources of Funds
  • State Government Sources of Funds
  • Federal Government Sources of Funds
  • Non-Added Revenues

The F-10 Report shows the list of funding sources which can be filtered by a Fiscal Year.

The Funding Sources table at the very top lists all funding sources and their amounts organized in three columns: Funds Earned, Funds Expended by Operation, and Funds Expended on Capital. 

Funds Earned includes the funds they earned from passenger fares, grants, state and local taxes.
Funds Expended on Operations includes the funds spent on operating expenses.
Funds Expended on Capital includes the funds spent on capital expenses.

Directly Generated Funds

Directly generated funds are funds that a transit agency earns from non-governmental sources. Transit agencies may earn these funds from:

  • Passenger fares
  • Funds related to transit
  • Funds unrelated to transit
  • Dedicated funds (applicable to transit agencies that are independent political
    entities and have the ability to impose taxes)

Passenger Fares

Passenger fares include revenues earned from carrying passengers. This applies equally to DO, PT, Purchased Transportation – Transportation Network Company (TN), and Purchased Transportation – Taxi (TX) services. Generally, fares are the amounts paid by the rider to use transit services and include the base fare, zone premiums, express service premiums, extra cost transfers, and quantity purchase discounts applicable to the passenger’s ride.
Agencies report the full amount of PT, TN, and TX fare revenues regardless of whether the buyer or seller retains the revenue.
Agencies may collect passenger fares in any of the following ways:

  • Before service is provided (e.g., through the sale of media such as passes, tickets,
    and tokens sold to passengers)
  • Directly at the point of service (e.g., farebox, turnstile)
  • After the service is provided (e.g., through weekly or monthly billing)

In some circumstances, several agencies share a fare card program and will periodically divide funds among themselves so that each agency within the program receives the appropriate amount of fare revenue. In such cases, each agency reports its share of the revenues.
Passenger fares include Passenger-Paid Fares (4111) and Organization-Paid Fares (4112).

Passenger-Paid Fares

Passenger-paid fares reflect the amount of the fare that the passengers pay on their own behalf. Passenger-paid fares may include:

  • Full adult fares
  • Senior citizen fares
  • Student fares
  • Child fares
  • Fares for individuals with disabilities
  • Ferryboat services
  • Vanpool services
  • Special ride fares
  • Handling fees
  • No-show fines

Organization-Paid Fares

Organization-paid fares are paid by an organization rather than by the passenger. Organization-paid fares also include funds for rides given along special routes for which a beneficiary of the service may guarantee funds. Organization-paid fares may result from agreements between the reporter and an agency or organization that pays a set amount in return for unlimited and/or reduced fare transit service for the persons covered by the agreement. Examples of organization-paid fares are discussed in the USOA.

Transit agencies must report fares paid in part or in whole by an organization for an affiliated, specific group of individuals as passenger fares. For example, a university may pay a transit agency so that students can ride fare-free. The transit agency must report such a payment from a university as organization-paid passenger fares. However, when a university operates its own transit service, they report funds from student fees as Other Agency Revenues for Full Reporters or Other Directly Generated Funds for Reduced Reporters.

Agencies report Medicaid funding of Non-Emergency Medical Transportation as an Organization-Paid Fare.

Fare Reporting Rules

Donations that are made on a revenue vehicle or at a farebox should be reported as fares.

Passenger fares do not include subsidies (e.g., subsidies from private organizations or other sectors of operations), which are provided to support the general provision of transit service. Passenger fares also do not include fare assistance from other entities, such as governments, to provide a reduced fare or free fare for a general class of users (e.g., senior citizens, students). The agency reports subsidies and fare assistance in the appropriate private, State, local, or Federal government sources of funds.

In all cases, transit agencies must ensure that they report contributions by the original
source of funds.

 

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