TRB’s Transit Cooperative Research Program (TCRP) Synthesis 113: Sub-allocating FTA Section 5307 Funding Among Multiple Recipients in Metropolitan Areas documents the approaches, methodologies, and practices for the sub-allocation of U.S. Federal Transit Administration Section 5307 Formula Funds in urbanized areas of multiple types and sizes.
Section 5307 formula funds are the primary source of financial support for public transportation capital projects including vehicle, facility, and equipment purchases; preventive maintenance; and other eligible expenses. The report also summarizes practices for fund distribution to help regions interested in developing a distribution practice or altering their current methodology.