Broward County Commission Regular Meeting
Director's Name: Chris Walton
Department: Transportation Division: Transit
Information
Requested Action
title
MOTION TO NOTE FOR THE RECORD receipt of $1,140,855 from the Alternative Fuel Excise Tax Credit program for the use of propane in the Transit Division's Paratransit fleet for calendar years 2018 and 2019.
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Why Action is Necessary
Provides Notice to the Board of County Commissioners' (Board) of Alternative Fuel Excise Credits for the use of propane fuel.
What Action Accomplishes
Recognizes $1,140,855 received from the Alternative Fuel Excise Tax Credit program by the County for the use of alternative fuels (propane) in the Paratransit fleet.
Is this Action Goal Related
Yes
Previous Action Taken
None.
Summary Explanation/Background
THE TRANSPORTATION DEPARTMENT AND TRANSIT DIVISION RECOMMEND APPROVAL OF THIS ITEM.
This item supports the Board's Vision and its Values of "Cooperatively Delivering An Efficient And Accessible Regional Intermodal Transportation Network", "Encouraging Investments in Renewable Energy, Sustainable Practices and Environmental Protection and "Consistently Delivering Responsive, Efficient, Quality Services to the Public and Internal Customers" by providing savings for the operation of Paratransit Fleet vehicles that run on an alternative fuel - propane.
The Alternative Fuel Excise Tax Credit program is a federal tax incentive that was made available for alternative fuels sold for use or used as a fuel to operate motor vehicles. Tax exempt entities such as state and local governments that dispense qualified fuel from an on-site fueling station for use in vehicles qualify for the incentive. The credit is approximately $0.36 per gallon of propane. To receive the credit, eligible entities must register and apply to the IRS for the credit. The County retroactively applied for the credits in calendar years 2018 and 2019 for the purchase and use of propane and received ...
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