Funding & Finance

Issues & Modes / Funding & Finance

Federal, state, and local governments all play a significant role in funding $300 billion in annual transportation spending. The federal government supplies important capital funding for highways, transit systems, airports, waterways, and ports while also operating the nation’s air traffic control system. State and local governments have an equally important task to invest in and operate their transportation networks and rely on a broad range of revenue sources, from general revenues and debt, to fuel taxes, fees, and tolls.

CBO Releases Budget Score of Senate Highway Bill

On the evening of November 12, the nonpartisan Congressional Budget Office released its official cost estimate of the bill S. 2302, the...

USDOT Announces $883M in FY19 BUILD Grant Recipients

Today, the U.S. Department of Transportation announced that 55 projects in 35 states will be receiving grants under the fiscal year...

FY 2019 BUILD Grants: Meeting the Terms of the FY 2019 DOT Appropriations Act

Here are the terms written into the text of the fiscal 2019 Department of Transportation Appropriations Act (Title I of Division G of...

USDOT to Announce FY19 BUILD Grants on Monday

The U.S. Department of Transportation is expected to announce the recipients of $883.5 million in fiscal 2019 grant funding under the...

Transit and Road Measures Fare Well, but State Revenue Collection Takes a Hit: Takeaways from Election Night

Throughout 2019, voters in 31 states decided on over 200 transportation-related ballot measures totaling nearly $19 billion in...

History of the Harbor Maintenance Trust Fund

(Some of this material appeared, in earlier form, in the September 9, 2009 issue of Transportation Weekly.) The water...

FHWA Releases State-by-State Totals for July 2020 Highway Funding Cut

This morning, the Federal Highway Administration sent the state DOTs their estimated allocations of the $7.6 billion cut in highway...

Rideshare Taxes, State Revenue Limits, and Major Transit Bonds: Top 10 Ballot Measures to Watch in November

This November —in addition to a slew of gubernatorial, state legislative, and mayoral elections—voters across 20 states will decide...

Senate Passes FY20 Transportation Appropriations

Earlier today, the U.S. Senate passed a $209 billion package of four appropriations bills for fiscal year 2020 by a vote of 84 to 9,...

Senate Looks to Pass FY20 USDOT Appropriations Without Significant Amendment

3:50 p.m. Earlier today, the Senate voted by a wide margin to invoke cloture on Appropriations Committee chairman Richard Shelby's...

Senate Debates FY20 DOT Appropriations: Highway Rescission Fix Offered

This week, the U.S. Senate took up a $209 billion package of four appropriations bills for fiscal year 2020, including the...

House to Consider Harbor Maintenance Trust Fund Spend-Down Bill Next Week

The House of Representatives is likely to consider H.R. 2440, the "Full Utilization of the Harbor Maintenance Trust Fund Act," on the...

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