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.

$1 Billion in BUILD Grants Announced by USDOT

The U.S. Department of Transportation on September 16 announced the selectees for $1 billion in surface transportation grants from the...

Webinar: MOD Fare Integration for Transit

This webinar is an overview of MOD Fare Integration for Transit: A Case Study in the Los Angeles and Puget Sound Regions, which is the...

Webinar: A Century of Fighting Traffic Congestion in Los Angeles

The Los Angeles Metropolitan Transportation Authority (LA Metro) is studying congestion pricing to manage the region’s heavy traffic...

1956 Treasury Secretary Letter to Harry Byrd on Pay-As-You-Build Highways

This PDF is a copy of a letter from Treasury Secretary George Humphrey to Senate Finance Committee chairman Harry Byrd (D-VA), dated...

Some Transit Agencies, Airports Still Slow to Spend Emergency COVID Money

Mass transit agencies across the country spent $2.3 billion of their CARES Act coronavirus funding in July, while airports spent $652...

“Clean” Appropriations Extension Being Negotiated With End Date Still Unclear

It's the second week of September, and in every year for the past 25 years, that means that Congress has to pass a stopgap continuing...

Recap of Eno Webinar on Equity in Congestion Pricing

In August, Eno hosted a webinar titled Congestion Pricing’s Role in Building More Equitable Transportation Systems. The webinar was a...

Administration Befuddles Congress With Highway Trust Fund Revenue Estimates

As legislators and Congressional staff negotiate the parameters of what increasingly looks like a one-year extension of the FAST Act,...

One-Year Surface Transportation Extension Seen as Most Likely Option

Congressional leaders and transportation stakeholders appear to be coalescing around support for a one-year surface transportation...

New HTF Forecast Worse for FY20-21, Not So Bad Long-Term

Last week, the Congressional Budget Office released a dismal new budget and economic outlook that estimates the effect of coronavirus,...

February 1956 Treasury Proposal for an “Interstate Highway System Fund”

This is a two-page document dated February 8, 1956 from the Office of Tax Policy at the Treasury Department. It is a draft legislative...

Record of Briefing State Governors on Revised Eisenhower Highway Plan – November 3, 1955

This PDF file is a one-page memo to Treasury Secretary George Humphrey from Dan Throop Smith, head of tax analysis at Treasury, dated...

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