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The expenses in this object class include products obtained from outside suppliers or those manufactured internally that are not covered in the two preceding object classes. The cost of the material or supply includes shipping costs, purchase discounts, cash d...

This object class includes expenses for electricity, gas, water, telephone, heating oil, fuel for backup generators, and internet. Utilities expenses may belong to the following functions and sub-functions:

Casualty and liability costs are expenses related to loss protection and losses incurred by the transit agency. These expenses include: (a) compensation of others for their losses due to acts for which the transit agency is liable; (b) the costs of protecting ...

Tax expenses are the charges and assessments levied against the transit agency by federal, state and local governments. Sales taxes, excise taxes, freight-in and other acquisition costs are not included in this object class. Instead, they are accounted for as ...

Indirect (F&A) costs means those costs incurred for a common or joint purpose benefitting more than one cost objective, and not readily assignable to the cost objectives specifically benefitted, without effort disproportionate to the results achieved. To facil...

Purchased Transportation (PT) expenses include the payments or accruals to sellers or providers of service, including fare revenues retained by the seller. It does not include the capital leasing portion of the contract. Purchased vanpool service has its own ...

This object class includes the payments or accruals to sellers or providers of service, including fare revenues retained by the seller. The agency reports Purchased Transportation (PT) expenses in this object class when they report the associated service in th...

The agency reports Purchased Transportation (PT) expenses in this object class when the other party reports the associated service data (e.g., miles, ridership) in their own NTD report. The agency that reports the service data then reports Purchased Transporta...

This object class includes expenses that cannot be attributed to any of the other expense object classes. Agencies must check to be sure an expense does not belong in a different object class before reporting it as miscellaneous. Direct miscellaneous expenses ...

The Americans with Disabilities Act of 1990 (ADA) prohibits discrimination and ensures equal opportunity for persons with disabilities in employment, state and local government services, public accommodations, commercial facilities, and transportation. Agencie...

Reconciling items are expenses that are not included as capital expenses or as mode-specific operating expenses. If reconciling items represent cash expenditures such as operating lease expenses, the agency reports them as Funds Applied. The agency reports non...

Interest expenses are charges for the use of capital borrowed by the transit agency. Interest expenses may accrue on both short-term debt and long-term debt obligations.

Charges for the use of capital borrowed on a short-term basis employed in the operation of the transit agency. Short-term debt covers obligations to repay borrowings for periods of less than one year and current maturities of long-term debt.

Repayments of principal on loans and bonds Amounts borrowed by the transit agency on a short-term basis employed in the operation of the transit agency. Short-term debt covers obligations to repay borrowings for periods of less than one year and current maturi...

Charges for the use of capital borrowed on a long-term basis (the liability for which is usually represented by bonds or loans) employed in the operation of the transit system. Interest charges pertaining to construction debt that are capitalized will not be r...

Repayments of principal on loans and bonds Amounts borrowed by the transit agency on along-term basis to support capital acquisitions for the transit agency. Long-term debt covers obligations to repay borrowings for periods of more than one year.

Operating lease expenses include payments for the use of Capital Assets not owned by the transit agency. Operating leases allow the transit agency to use assets, but do not allow them the rights of asset ownership (e.g., transfer of title). As such, operating ...

Other than an operating lease, a transit agency may also have a capital lease. A lease is considered a capital lease if it meets any of the following four criteria at its inception (the earlier of the date of the lease agreement or commitment): Transfer of ...

Other than operating and capital leases, transit agencies may also have related parties lease agreements. Related parties leases are leases with terms and payment amounts that are substantially less than they would be in usual circumstances because the transit...

This object class is for the provider to record the non-exchange expenses when all applicable eligibility requirements have been met. In a voluntary non-exchange transaction, an agency gives or receives value (e.g., revenue vehicle) without directly receiving ...