NTEU
Transit Subsidy Surplus Calculation Form
Contact Dale Yeilding, NTEU Chapter President
301-415-3600, (www.NTEU208.org)
NTEU
directs your attention to calculate end of month surplus to prevent exceeding your subsidy allotment each month.
See Legal
References for tax and agency policy basis. (NRC Q&A #30).
(Click
for blank
form without example figures)
| Current Month of: ____________, 20___ | Amount | Subsidy Balance |
| Beginning a Month | ||
| 1. Transit Subsidy surplus from prior month | $ 35 | |
| 2. Round Trip daily permitted commuting costs | $ 5 | |
| 3. NRC average
monthly commuting costs (multiply: 20 days x line 2), (18 days for CWS) |
$ 100 | |
| 4. NRC monthly
Transit Subsidy - Maximum $110 (lesser of line 3 or $110) |
$ 100 | |
| 5. Transit Subsidy
allowed by NRC for current month (subtract: line 4 - line 1) |
$ 65 | |
| 6. Transit Subsidy
actually received for current month (should be equal to line 5) |
$ 65 | |
| 7. Transit Subsidy
beginning current month (add: lines 1 + line 6), Note amount must not be greater than line 4 |
$ 100 | |
| During the Current Month | ||
| 8. Number of
week-days in current month. Enter actual number, typically greater than 20. |
23 | |
| 9. Number of holidays | 1 | |
| 10. Number of compressed days-off | 0 | |
| 11. Number of sick days-off | 1 | |
| 12. Number of annual leave days-off | 1 | |
| 13. Number of work-at-home days | 1 | |
| 14. Number of credit-hour days-off | 2 | |
| 15. Number of business travel days | 0 | |
| 16. Number of personal driving to work days | 1 | |
| 17. Number of other days
not commuting (e.g. excused absence due to snow) |
0 | |
| 18. Total number of
non-commuting days (add: lines 9 through line 17) |
7 | |
| 19. Number of commuting
days in current month (subtract: line 8 - line 18) |
16 | |
| 20. Current month actual
commuting costs (multiply: line 19 x line 2) |
$ 80 | |
| 21. Current month subsidy
surplus (subtract: line 7 - line 20) |
$ 20 | |
| Next Month | ||
| 22.
Transit Subsidy
allowed by NRC for next month (subtract: line 4 - line 21) |
$ 80 | |