When will FTA consider apportioned funds as “obligated?
” FTA will consider funds obligated on the date of grant award by FTA. Will the 50% of funds awarded during the 180 day period be tracked by program or by grantee? Neither. FTA will track the amount of funds obligated at the urbanized area and State level. Therefore, designated recipients and State DOTs should consider project readiness when making allocations. To determine the amount of funds that will be withdrawn the following computations must be made. Assume a UZA has been apportioned $100,000 in FTAs Federal Register apportionment notice. First, 50% of the funds are held out of the calculation for the UZA or State, but must be obligated within a year of the Federal Register apportionment notice. In this case, the UZA or State keeps $50,000 as step one. Second, we subtract from the second 50%, the amount that the UZA or State has successfully obligated into grants. In this case, the second half of the apportionment is $50,000 minus $30,000 that has been obligated into grants, leav
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