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.

FY21 Homeland Budget Request Echoes Last Few Requests

The Trump Administration's 2021 budget request for the transportation elements of the Department of Homeland Security reiterates...

Federal Capital Investment Outlays to Rise Sharply Under FY21 Budget

Buried in the annual Analytical Perspectives volume of the federal budget is a chapter called "Federal Investment" that pulls out...

Total FY20 Highway Formula Funding So Far is $208M Below FY19

When the $2.0 billion in fiscal year 2020 general fund appropriations for highway formula programs given to states last Friday is...

FHWA Gives Out $2B in FY20 General Fund Highway Formula Funding

The Federal Highway Administration has apportioned to states the $2 billion in additional highway formula funding from general revenues...

The FY21 Transit CIG Budget: LA Westside 3 Added, Portal North Upgraded, Significant New Funding Requested

The Trump Administration's fiscal 2021 budget request includes $1.9 billion for the Federal Transit Administration's Capital Investment...

How Much of a Gas Tax Increase Would the Trump Reauthorization Plan Require?

After we had a couple of days to digest the Trump Administration's ten-year, $810 million surface transportation reauthorization...

Trump Requests $89 Billion for USDOT in FY 2021 Budget

The Trump Administration today released its fiscal year 2021 budget request to Congress, which includes $89.2 billion in gross...

Ten-Year, $810 Billion Surface Transportation Reauthorization Proposal Is Core of $1 Trillion Trump Infrastructure Plan

The Trump Administration was roundly chastised two years ago when, after promising a $1 trillion infrastructure funding proposal, their...

House Passes Additional $1.25B in Highway Emergency Relief Funding

Earlier today, the U.S. House of Representatives passed a bill appropriating an additional $1.25 billion from general revenues for the...

President’s Budget for 2021 to Be Released Next Week

President Trump's fiscal 2021 budget request will be released on Monday, February 10. The budget is not just about the President's...

Trump Endorses Senate Highway Bill

In his State of the Union address to Congress this week, President Trump eschewed his own infrastructure plan and instead endorsed...

FTA Gives Out $9.9 Billion in FY20 Mass Transit Formula Grants

This week, the Federal Transit Administration apportioned $9.9 billion in federal grant funding to local transit agencies and state...

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