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<br />S3RClcv <br /> <br />8 <br /> <br />¡g. <br />of 3 <br /> <br />(f) <br /> <br />I ATTACHMENT <br />Sheet <br /> <br />Cooperative agreement means a cooperative agreement. project agreement. or fund transfer <br />agreement or advance expenditure of local funds agreement between Caltrans and local agencies. <br />covering project delivery and funding as specified in more detail in Section 5 of these guidelines. <br /> <br />(g) <br /> <br />Payback means reimbursement of local agency expenditures with state or federal funds or in the form <br />of one or more substitute project(s) paid for by the state. <br /> <br />(h) <br /> <br />Budget authority means authorization from the state Legislature in the State Budget Act for the <br />Commission to allocate and Caltrans to expend state and federal funds. for project development and <br />capital outlay as appropriate. for programmed projects in sequence with priority by fiscal year of <br />programming. <br /> <br />I <br />. '-j <br />