Capital Metropolitan Transportation Authority Board Agenda May 2026
MOU Renews Round Rock Access to Federal Transit Funds
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Description
The CapMetro Board authorized a Memorandum of Understanding with the City of Round Rock allowing it to remain a Direct Recipient of its FY2027 and FY2028 Section 5307 and 5339(a) suballocations. The agreement defines responsibilities for accessing federal transit formula funds without additional fiscal impact to CapMetro.
Contract Details
Vendor
CITY OF ROUND ROCK
Agency
Capital Metro Transit Authority, TX
Contract Type
FINANCIAL_SERVICES
Document Date
May 18, 2026
Contract Term
Effective on execution; expires September 30, 2028; covers FY2027 and FY2028 Section 5307 and 5339(a) apportionments
Renewal Date
2028-09-30
Renewal Info
Continues prior biennial agreements dating back to FY2013; applies only to FY2027–FY2028 Section 5307 and 5339(a) funds and may be extended by mutual written agreement or terminated with 30 days’ notice.
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