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Operations of and Outlook for the Highway Trust Fund

Author : United States Accounting Office (GAO)
Publisher : Createspace Independent Publishing Platform
Page : 34 pages
File Size : 45,80 MB
Release : 2018-05-29
Category :
ISBN : 9781720446460

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Operations of and Outlook for the Highway Trust Fund

Transportation

Author : U S Government Accountability Office (G
Publisher : BiblioGov
Page : 22 pages
File Size : 20,88 MB
Release : 2013-06
Category :
ISBN : 9781289055752

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GAO discussed the Highway Trust Fund, focusing on unexpended balances and trust fund revenues that could be made available to meet highway needs. GAO noted that: (1) the Highway Trust Fund's highway account balance was approximately $10.6 billion; (2) Congress placed limitations on states' use of funds and states had not used an estimated $1 billion in available trust fund revenues; (3) state officials believed that they did not use funds primarily because the funds provided a cushion against an uneven flow in federal funds; (4) projections indicated that the final trust fund balance would exceed outstanding commitments by $6.4 billion; (5) to prevent future trust fund buildups, Congress should limit trust fund revenues to more closely approximate expected obligations; (6) since 1987, the advance construction balance has ranged between $2 billion and $2.6 billion; (7) the amount of funds not subject to obligation ceilings ranged from approximately $700 million to $2.2 billion, and minimum allocation funds and demonstration projects accounted for 98 percent of the exempt funds in 1990; (8) from 1982 through 1988, highway system bridge deficiencies increased from about 70,000 to 77,000, primarily due to the rapid growth in deficient interstate bridges; (9) through fiscal year 1991, the mass transit account (MTA) is expected to receive income of about $13.5 billion; and (10) Congress did not authorize the Urban Mass Transit Administration to obligate about $3.8 billion because of appropriation process limitations.

Highway Trust Fund

Author : United States. General Accounting Office
Publisher :
Page : 16 pages
File Size : 12,55 MB
Release : 1989
Category : Roads
ISBN :

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Highway Trust Fund

Author : Phyllis F. Scheinberg
Publisher :
Page : 12 pages
File Size : 44,44 MB
Release : 1996
Category : Express highways
ISBN :

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Reliability of Highway Trust Fund Revenue Estimates

Author : United States. Congress. House. Committee on Transportation and Infrastructure. Subcommittee on Highways, Transit, and Pipelines
Publisher :
Page : 88 pages
File Size : 17,30 MB
Release : 2006
Category : Business & Economics
ISBN :

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