Notes to SEFA
The amounts shown as current year expenditures represent only the federal award portion of the program costs. Entire program costs, including the PTBA’s portion, are more than shown. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
At times the PTBA may be awarded grant funds through either the State of Washington or the Federal Transit Administration that allow for the agency to incur obligations against the grants in advance of the final execution of the grant agreements. This “Pre-Award Authority” is based on specific criteria set by the individual grant programs.