Cal. Code Regs. tit. 21 § 1676
Funds made available for projects under subsections (b) and (c) of Section 1670 may be used for public transportation projects which are included in a State program of projects for public transportation in areas other than urbanized areas. The Federal share for any construction or capital project under this Section shall not exceed eighty percent(80%) of the net cost of such construction or capital project. The Federal share for any project for the payment of financial assistance for operating expenses as defined by the United States Department of Transportation shall not exceed fifty percent (50%) of the net cost of such operating expense project. At least fifty percent (50%) of the remainder of the net cost for both capital and operating projects shall be provided in cash, or cash equivalent from sources other than Federal funds or revenues from the operation of public mass transportation systems. Up to fifty percent (50%) of the remainder of the net cost may be made up of unrestricted funds from other Federal programs.
Cal. Code Regs. Tit. 21, § 1676
Note: Authority cited: Section 14031, Government Code; and Section 18 of the Urban Mass Transportation Act of 1964 (49 USC 1614). Reference: Section 14031, Government Code; Section 18 of the Urban Mass Transportation Act of 1964 ( 49 USC 1614); and Urban Mass Transportation Administration Circular 9040.1.