CURRENT STATUS OF STATE-LEVEL SUPPORT FOR TRANSIT
Data were gathered by means of questionnaires received from 49 states and personal interviews with state transit officials in 22 states concerning state programs for assisting local transit operations. Twenty- four states provide financial assistance for transit from state funds. Such support may be used for capital improvements, operating assistance, technical planning, or special projects. The states vary widely in the extent to which they participate in such programs. Most state funds are derived from general revenue sources, although some states have established a state transportation fund to finance transit assistance as well as programs for other modes. A few states use special tax sources that are earmarked for their transit programs. Four general methods of allocating funds among transit operations are in use: purchase of service agreements, formula allocations, the revenue generating base of a transit jurisdication, and allocation on a first-come, first-serviced basis. Several forms of indirect assistance to local transit operators were also identified in the course of this research. /Author/
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Supplemental Notes:
- Publication of this paper sponsored by Committee on Taxation, Finance, and Pricing. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved.
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Authors:
- Carstens, R L
- Mercier, C R
- Kannel, E J
- Publication Date: 1976
Media Info
- Media Type: Digital/other
- Features: References; Tables;
- Pagination: pp 14-19
- Monograph Title: Urban transportation finance
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Serial:
- Transportation Research Record
- Issue Number: 589
- Publisher: Transportation Research Board
- ISSN: 0361-1981
Subject/Index Terms
- TRT Terms: Data collection; Finance; Financing; Improvements; Operating costs; Public transit; State aid; Tax receipts; Transportation
- Uncontrolled Terms: Fund allocations
- Subject Areas: Administration and Management; Economics; Finance; Society; Transportation (General);
Filing Info
- Accession Number: 00142351
- Record Type: Publication
- ISBN: 0309025559
- Files: TRIS, TRB
- Created Date: Mar 30 1981 12:00AM