Fiscal Constraint Sample Clauses

Fiscal Constraint. STIP must be fiscally constrained to be approved by the Federal Highway Administration (FHWA) and and Federal Transit Administration (FTA). The Colorado Department of Transportation (CDOT) looks for constraint by CDOT region, CDOT program, and fiscal year for federal and state dollars only. Local dollars are not constrained. Fiscal constraint for STIP is determined in Systems, Applications and Products in Data Processing (SAP) by calculating program budget pool amounts against what is STIP’d and budgeted. Funding program amounts are determined through program distribution. These amounts are loaded and stored in Program Budget Pools in the FM Module in SAP after Program Distribution is adopted by the Transportation Commission. As transactions occur in the FM budget pools, fiscal constraint is based on the adjusted totals using the following formula: Unbudgeted = Amount Programmed in STIP minus Budgeted Unprogrammed = Budget Pool minus Unbudgeted total from above This remaining unprogrammed amount is what is still available to the STIP toward other projects. Budget actions must also be constrained to both the STIP and Regional Pool. Within a STIP Pool, a STIP Work Breakdown Structure (WBS) element may be budgeted more than it is programmed, as long as the parent STIP maintains fiscal constraint. Fiscal constraint may be verified daily by using the STIP Reconciliation Report available in the CDOT Application for Reporting (CAR) system. Region planners and Business Office staff can assist you if you have trouble finding or using this report.