The Revenue Contribution of Montana Department of Transportation Expenditures to the General Fund
The Montana Department of Transportation (MDT) during state fiscal year 2002 had expenditures of over $330.2 million directly affecting eighty different Standard Industrial Classification (SIC) sectors while fulfilling its legislative mandates. This study quantifies the economic contribution of expenditures by the MDT to the general fund. Input-Output modeling is used to capture the direct, indirect and induced impacts resulting from MDT spending. Expenditures within the private sector create an economy-wide impact on output of $485.1 million. Labor income generated is $151.7 million, which along with indirect business taxes and other property income yield total contributions to the general fund of $14.1 million. Hence, for every dollar the MDT spends in the private sector, an additional $0.043 is generated for the general fund due to increased economic activity within the state.
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Corporate Authors:
Flathead Valley Community College
Center for Business Information and Research
Kalispell, MT United States 59901Montana Department of Transportation
2701 Prospect Avenue
P.O. Box 201001
Helena, MT United States 59620-1001Federal Highway Administration
1200 New Jersey Avenue, SE
Washington, DC United States 20590 -
Authors:
- Davis, Gregg E
- Polzin, Paul E
- Publication Date: 2002-12
Language
- English
Media Info
- Media Type: Web
- Edition: Final Report
- Features: Appendices; References; Tables;
- Pagination: 46p
Subject/Index Terms
- TRT Terms: Economic impacts; Expenditures; Finance; Income; Input output models; Property taxes; Revenues; Tax receipts
- Identifier Terms: Montana Department of Transportation
- Uncontrolled Terms: Financial performance
- Subject Areas: Economics; Finance; Highways; Society; I10: Economics and Administration;
Filing Info
- Accession Number: 01029916
- Record Type: Publication
- Report/Paper Numbers: FHWA/MT-02-012/8170
- Contract Numbers: 8170
- Files: TRIS, USDOT, STATEDOT
- Created Date: Jul 28 2006 4:30PM