Grant Modification: Budget Revisions
Prior approval required when...
- Federal share exceeds $100,000 and cumulative funds transferred between activity line items exceed 20%
- Transferring funds between operating and capital/planning activities
- Transferring funds between activities with different Federal matching ratios
- Increase or reduce purchasing rolling stock by more than 2 units, but less than 20%
- Change size or physical characteristics of the activities specified in a grant (depending on how grant scope was written)
- Advance 5307 contingency project that is not in year 1 of TIP
2005 - Federal Transit Administration