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Budget authority is the authority provided under law to enter into obligations, which in turn are agreements that will result in immediate or future outlays of government funds. Obligations show government commitment to future transportation...
[1] This includes revenues earmarked to fund nontransportation activities. Examples of such revenues are the portion of the Highway Trust Fund (HTF) allocated to the general fund for deficit reduction, and rail fuel tax revenues also dedicated for deficit reduction.
...Trust funds are accounts established by law to record revenues collected from specific taxes and charges earmarked for financing special purposes and programs. There are five transportation-related federal trust funds established by law, namely, the Highway Trust...
Revenues. Transportation revenues include money received by the U.S. government from transportation-related taxes, user charges, or fees that are earmarked to fund transportation-related expenditures. Both money received from transportation...
Various data sources are used to compile the data in this report. The principal source of federal data is the Annual Budget of the United States Government published by the Office of Management and Budget (OMB). The numbers are consistent from year to year and follow the...
The current report contains updated data to the latest year available on federal, state and local government transportation finance. Revisions have been made to some of the historical data series of the previous report, particularly to the data on...
A capital expenditure is any expenditure that adds to the productive capacity of the economy. Specifically, a capital expenditure in transportation is any expenditure that increases the capacity and efficiency of the transportation infrastructure, whether by reducing...
Most of the terminology and definitions used herein are the same as those used in the Budget of the United States Government, Fiscal Year 1991 and more fully described in A Glossary of Terms Used in the Federal Budget Process, January...
Chained-dollar estimates provide dollar values of government revenues and expenditures that are adjusted to remove the effects of inflation. These estimates show the dollar values of revenues and expenditures, which would exist if prices had remained at the same...