Section 99269 Of Article 4. Claims For Funds From California Public Utilities Code >> Division 10. >> Part 11. >> Chapter 4. >> Article 4.
99269
. (a) Notwithstanding any other provision of this article, all
operators providing service within the area under the jurisdiction
of the San Diego Metropolitan Transit Development Board and filing
claims pursuant to Section 99260 shall be considered a single
operator. In order for all those operators to be eligible for funds
under this article, an areawide ratio of fare revenues to operating
cost, as defined by subdivision (a) of Section 99247, shall be
determined on the basis of the total operating cost and total fare
revenues of all the operators, which ratio shall not be less than the
areawide ratio for the 1978-79 fiscal year.
(b) In calculating the areawide ratio for the 1978-79 fiscal year,
only the fare revenues and the operating costs of those operators
that are in compliance with Section 99268, 99268.1, 99268.2, or
99268.3, whichever section was applicable to the operator during the
1978-79 fiscal year, are to be used.
(c) During the period of the first two years of operation, a new
operator subject to this section shall claim each year no more than
75 percent of its total operating cost for that year.