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1
Current Funding of Surface Transportation Infrastructure
Briefing for the
National Surface Transportation
Infrastructure Financing Commission
April 25, 2007
2
Highway Expenditures
Total Federal, State & Local Government Highway Expenditures in 2004: $147.5b
Maintenance and Operations
24.6%
Capital Outlay47.6%
Bond Retirement
5.4%
Administration8.6%
Highway Patrol and
Safety9.7%
Interest on Debt3.9%
3
Highway Capital Outlay
Total Federal, State and Local Government Capital Outlay in 2004: $70.3b
Other System Expansion
18.3%
New Roads and Bridges20.9%
System Rehabilitation
51.8%
System Enhancements
9.0%
4
Highway Expenditures
Highway Spending, 1997 to 2004, All Govts.
0
20
40
60
80
100
120
140
160
1997
1998
1999
2000
2001
2002
2003
2004
Bil
lion
s of
Dol
lars
TotalCapital
5
Highway Revenue Sources
Combined Federal, State and local government
receipts for Highways in 2004: $145.3b
Tolls4.5%
Bonds10.9%
Other 15.8%
General Funds16.2%
Motor-Vehicle Taxes14.3%
Motor-Fuel Taxes38.3%
6
Highway Revenue SourcesFunding for Highways
Federal Percentage, 1957 to 2004
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%
1957 1962 1967 1972 1977 1982 1987 1992 1997 2002
Total Capital Outlays
7
Transit Expenditures
Total expenditures in 2004: $38 billion
Vehicle Operating Expenses
35.4%
Capital Investment
33.2%
Vehicle Maintenance
Expenses13.2%
Non-vehicle Maintenance
7.1%
General Administration
11.1%
8
Transit Expenditures
• Transit spending in 2004, relative to 1997: – Total: $38.0 billion, up 66%– Capital $12.6 billion, up 65%
0
5
10
15
20
25
30
35
40
1997 1999 2001 2003 2005
Bil
lion
s of
Dol
lars
TotalCapitalOperating
9
Transit Expenditures
• Transit Capital spending in 2004, relative to 1997: – Federal: $4.9 billion, up 48.8%– State and Local: $7.7 billion, up 108.1%
0
1
2
3
4
5
6
7
8
9
1997 1999 2001 2003 2005
Bil
lion
s of
Dol
lars
State & LocalFederal
10
Transit Revenue Sources
2004 Available Transit Funds by Provider: $39.5 billion
Local34.6%
System-Generated
28.0%
State19.7%
Federal17.7%
11
Transit Revenue Sources
2004 Available funds by Revenue Source
General Fund15.5%
Fuel Tax15.7%
Sales Tax17.4%
Income Tax0.7%
Other Public Funds16.5%
Other Dedicated Taxes4.6%
Property Tax1.4%
Other System-Generated Revenue
5.0%
Passenger Fares23.1%