Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Mutual Fund Timing: Definition, Impact, and Example
    • Market correction: Flexi-cap funds fall up to 23% in nearly 18 months; large caps decline over 12%
    • A Guide to Tax-Free Savings and Prizes
    • What Are Dual Currency Bonds? How They Work
    • Why XRP Price is Lagging Even After Strong ETF Inflows
    • Strategy Discipline, Costs, and Liquidity
    • Goldman pitches hedge funds on strategies to bet against corporate loans
    • Large-Cap Funds Show Greater Resilience Than Flexi-Caps in 18-Month Market Slump
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»Funding sub-allocation to buy additional paratransit fleet vehicles approved
    Funds

    Funding sub-allocation to buy additional paratransit fleet vehicles approved

    August 21, 2024


    JONESBORO, Ark. (KAIT) – The City of Jonesboro is looking at additional funding to bring more paratransit fleet vehicles to the area.

    On Tuesday, Aug. 20, the Jonesboro City Council approved a resolution to authorize the Grants and Community Development Department to accept a sub-allocation from the Federal Transit Administration Fiscal Year 2019 49 U.S.C. Section 5307 Formula grant for the Jonesboro Economical Transportation system.

    The resolution states the City of Conway has lapsing funds totaling $957,607 in Section 5307 formula funding in the Fiscal Year 2019, saying these funds “are available during its allocated fiscal year plus five additional years and must be applied for and obligated or the funds will be returned.

    The Arkansas Department of Transportation has reallocated funds from the City of Conway to the City of Jonesboro for use in JET.

    The resolution states JET requests $161,318 in Section 5307 formula funding with a 20% local match to buy two paratransit fleet vehicles. The city would provide a local match of $40,330.

    The city council’s decision comes as JET has been working to add more bus routes, shelter stops, and a new way to help residents get across the area.

    To report a typo or correction, please click here.

    Copyright 2024 KAIT. All rights reserved.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Market correction: Flexi-cap funds fall up to 23% in nearly 18 months; large caps decline over 12%

    March 9, 2026

    Goldman pitches hedge funds on strategies to bet against corporate loans

    March 9, 2026

    Nationwide Target Destination Funds Q4 2025 Commentary

    March 9, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    Market correction: Flexi-cap funds fall up to 23% in nearly 18 months; large caps decline over 12%

    March 9, 2026

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    Mutual Fund Timing: Definition, Impact, and Example

    March 10, 2026

    Key Takeaways Mutual fund timing is a strategy that exploits short-term price differences in mutual…

    Market correction: Flexi-cap funds fall up to 23% in nearly 18 months; large caps decline over 12%

    March 9, 2026

    A Guide to Tax-Free Savings and Prizes

    March 9, 2026

    What Are Dual Currency Bonds? How They Work

    March 9, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    The best investment trusts – chosen by professionals

    November 20, 2025

    Chairman of State Investments Committee to head Tajikistan’s delegation at SPIEF – Business & Economy

    June 16, 2025

    Canary Funds Files for First-Ever MOG ETF

    November 12, 2025
    Our Picks

    Mutual Fund Timing: Definition, Impact, and Example

    March 10, 2026

    Market correction: Flexi-cap funds fall up to 23% in nearly 18 months; large caps decline over 12%

    March 9, 2026

    A Guide to Tax-Free Savings and Prizes

    March 9, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹10,000 monthly SIP in this mutual fund has grown to ₹1.52 crore in 22 years

    September 17, 2025
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.