The term “operating cost” has the same meaning assigned to it in Public Utilities Code Section 99247(a). In the case of a transit service claimant that is allocated funds for payment to an entity which is under contract with it to provide transportation services, “operating cost” also includes the amount of the fare revenues that are received by the entity providing the services and not transferred to the claimant.

Note: Authority cited: Section 99241, Public Utilities Code. Reference: Sections 99241, 99247 (a), 99268, 99268.1, 99268.2, 99268.3, 99268.4, 99268.5, 99268.9, Public Utilities Code.

History

1. New section filed 12-24-79 as an emergency; effective upon filing. Certificate of Compliance included (Register 79, No. 52).