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.

DOT Announces $296 Million in Bridge Grants

Most of Joe Biden's original proposal for an "American Jobs Plan" got downsized, or jettisoned outright, on the way to becoming the...

Primer: The Two Types of U.S. Government Shutdown

In the next few weeks, House Republicans are expected to try to get 218 votes together to pass some sort of debt ceiling legislation,...

Transit’s First “Fiscal Cliff” – The Fight for Operating Subsidies, Part 1

President Johnson and Congress established a program for giving financial aid for mass transit capital projects to localities in 1964....

Budget Would Make $13.5 Billion in Unfunded Promises for New Starts

President Biden's fiscal 2024 budget request proposes to incur $13.5 billion in unfunded promises for "New Start" mass transit systems,...

California High-Speed Rail Project Wants 1/4 of All IIJA Rail Grant Money

This month, the California High Speed Rail Authority said that it needs $8 billion in federal grants under the Infrastructure...

Budget Request is $6.3 Billion Below IIJA Authorized Level for FY24

The most important thing to know about President Biden's fiscal 2024 budget request for transportation is that it does not make any...

Administration Proposes Temporary Transit Operating Subsidies, Other Policy Changes in FY24 Budget

The fiscal 2024 transportation budget request was mostly devoid of new policy proposals, but mass transit is the exception. The budget...

The FY24 Budget Request for the Transportation Function of Government

When we ask, "what does the federal government spend on transportation," the answer isn't always just about the Department of...

Rapid Response Webinar: Budgeting Time in 2024

Brimming with budget questions? Curious about cash flows? Then don't miss the latest in Eno's quality webinar series exploring...

Bipartisan Congress Likely to Reject Many of Biden’s Proposed DOT Changes

In broad strokes, the White House's fiscal 2024 budget request for the U.S. Department of Transportation is pretty simple: Get rid...

DOT Proposes Signing $19 Billion in FFGAs in FY24

Under the Biden Administration's proposed budget for fiscal 2024, this will be the year when all of the pre-Biden mass transit Capital...

Biden FY24 Budget Can’t Be Reconciled With House Plans

President Biden's proposed 2024 budget outline makes a lot of "big picture" proposals that go completely in the opposite direction that...

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