A six -
year highway funding bill passed by the House of Representatives last week would remove $ 564 million from New York's current federal transportation funding.
Not exact matches
Then there are entire federal trust
funds that are either insolvent or living on borrowed time — like the
Highway Trust
Fund that was nearly depleted last
year...
Trust
Fund Clock is Ticking: Four major trust
funds (Social Security retirement, Medicare Hospital, Social Security disability, and
highways) run out of full
funding during the next 13
years, according to CBO projections.
Many residents expressed concerns that tying the two neighboring villages together would sharply increase property taxes, because Cary needs
funds for developing the Hoffman Property it bought last
year along Illinois
Highway 31, he said.
«Over the last few
years there has been a welcome change in how the
highway network's importance has been recognised by government with new structures for delivery and changes to
funding for strategic roads put in place.
Local authorities in England and Wales currently have the highest
highway maintenance budget (# 3.5 Bn) in a decade, up 20 % on last
year, with
funding from central Government (# 1.2 Bn) also at a 10
year high.
It published a report on progress with the strategy today that calls on
Highways England and the Department for Transport (DfT) to agree an updated delivery plan for the remainder of the current five
year funding period which ends in 2020.
Despite the current fiscal crisis, Governor Cuomo's Executive Budget continues prior
year funding levels for the core transportation capital programs supported by the Dedicated
Highway and Bridge Trust Fund, providing $ 501 million for highway and bridge construction, $ 363.1 million for the Consolidated Highway Improvement Program (CHIPS) and $ 39.7 million for the Marchiselli program for local governments, and $ 16.9 million for Amtrak service subsidies and additional rail capital inves
Highway and Bridge Trust
Fund, providing $ 501 million for
highway and bridge construction, $ 363.1 million for the Consolidated Highway Improvement Program (CHIPS) and $ 39.7 million for the Marchiselli program for local governments, and $ 16.9 million for Amtrak service subsidies and additional rail capital inves
highway and bridge construction, $ 363.1 million for the Consolidated
Highway Improvement Program (CHIPS) and $ 39.7 million for the Marchiselli program for local governments, and $ 16.9 million for Amtrak service subsidies and additional rail capital inves
Highway Improvement Program (CHIPS) and $ 39.7 million for the Marchiselli program for local governments, and $ 16.9 million for Amtrak service subsidies and additional rail capital investments.
The report also highlights the potential slowing of transportation aid from the federal government in the current 2014 - 15 fiscal
year as Congress balks at increasing the 18.4 cent excise tax on gasoline, the primary source for replenishing the Federal
Highway Trust
Fund.
Funding for local
highway and bridge projects remains the same as last
year.
He said he is hopeful Congress can strike a deal to keep federal
funds flowing to
highway, bridge, and rail projects for the next three
years.
The New York State County
Highway Superintendents Association (NYSCHSA) and the New York State Association of Town Superintendents of
Highways (NYSAOTSOH) say local governments need a minimum increase in
funding for the Consolidate
Highway Improvement Program (CHIPS) of $ 200 million to $ 638 million per
year.
New York State could lose up to $ 170 million in federal
highway funding (out of $ 1.7 billion last
year) if the state doesn't remove new «I Love NY»
highway signs.
Also included is a $ 200 million small business plan; acceptance of Cuomo's proposal to raise the state's charter school cap; a five -
year, $ 1.5 billion
highway and bridge capital
fund; and the creation of five local transportation cooperatives to help farmers bring their products to major metropolitan areas.
He cited an appropriation of $ 705,000 from a
highway fund surplus, to help pay the annual operating expenses of the Highway Department nex
highway fund surplus, to help pay the annual operating expenses of the
Highway Department nex
Highway Department next
year.
This report will include detailed information specific to the dedicated bridge and
highway trust
fund for the prior fiscal
year, the completed quarters of the current fiscal
year and a projection of the next five fiscal
years.
National: As President Obama signs the new five -
year $ 305 billion FAST ACT
highway bill into law, the «public private partnership» industry sees it as a mixed bag, increasing federal TIFIA infrastructure subsidies to private investors on the one hand, and allowing states to dip into National Highway Performance Program apportioned funds on the other if TIFIA funding is const
highway bill into law, the «public private partnership» industry sees it as a mixed bag, increasing federal TIFIA infrastructure subsidies to private investors on the one hand, and allowing states to dip into National
Highway Performance Program apportioned funds on the other if TIFIA funding is const
Highway Performance Program apportioned
funds on the other if TIFIA
funding is constrained.
I urge you to stand with me in calling on Congress to ensure the solvency of the
Highway Trust
Fund while committing itself to a sound, bipartisan, and long - term solution that will ensure the stability of our surface transportation
funding for our Nation for the next several
years.
-» (A) IN GENERAL. - Except as provided in subparagraph (B), to be eligible for assistance under this chapter, a project shall have eligible project costs that are reasonably anticipated to equal or exceed the lesser of -» (i)(I) $ 50,000,000; or» (ii) in the case of a rural infrastructure project, $ 25,000,000; and» (ii) 331⁄3 percent of the amount of Federal
highway assistance
funds apportioned for the most recently completed fiscal
year to the State in which the project is located.»
Under the TELA, TxDOT has agreed to lend to the project from the State
Highway Fund 006 (motor fuel tax revenues) a negotiated amount each
year if revenues are insufficient to cover operations and maintenance, including the debt service.
Each
year, the U.S. Department of Transportation apportions
funding to the states for their
highway programs based on formula established in Federal law.
It is the first law enacted in over ten
years that provides long - term
funding certainty for surface transportation, meaning States and local governments can move forward with critical transportation projects, like new
highways and transit lines, with the confidence that they will have a Federal partner over the long term.
405), which
funded surface transportation programs for
highways,
highway safety, and transit at over $ 105 billion for fiscal
years 2013 and 2014.
Effective today, state departments of transportation will have the ability to use their unspent earmarked
highway funds, some of which are nearly 10
years old, on any eligible
highway, transit, passenger rail, or port project.
President Dwight Eisenhower is widely known as the «Father of the Interstate System,» due in part to his experiences with
highways in World War II and his
years» of work with Congress to
fund a national
highway system.
estimate the balance of the
Highway Trust Fund (other than the Mass Transit Account) at the end of such fiscal year and the end of the next fiscal year, for purposes of which estimation, the Secretary shall assume that the obligation limitation on Federal - aid highways and highway safety construction programs for the next fiscal year will be equal to the obligation limitation enacted for the fiscal year for which the limitation is being distr
Highway Trust
Fund (other than the Mass Transit Account) at the end of such fiscal
year and the end of the next fiscal
year, for purposes of which estimation, the Secretary shall assume that the obligation limitation on Federal - aid
highways and
highway safety construction programs for the next fiscal year will be equal to the obligation limitation enacted for the fiscal year for which the limitation is being distr
highway safety construction programs for the next fiscal
year will be equal to the obligation limitation enacted for the fiscal
year for which the limitation is being distributed;
The bill provides $ 530 million of contract authority,
funded from the
Highway Trust
Fund, to fund the budgetary or subsidy costs of the Federal credit instruments between fiscal years 1999 - 2003: $ 80 million in fiscal year 1999; $ 90 million in fiscal year 2000; $ 110 million in fiscal year 2001; $ 120 million in fiscal year 2002; and $ 130 million in fiscal year 2
Fund, to
fund the budgetary or subsidy costs of the Federal credit instruments between fiscal years 1999 - 2003: $ 80 million in fiscal year 1999; $ 90 million in fiscal year 2000; $ 110 million in fiscal year 2001; $ 120 million in fiscal year 2002; and $ 130 million in fiscal year 2
fund the budgetary or subsidy costs of the Federal credit instruments between fiscal
years 1999 - 2003: $ 80 million in fiscal
year 1999; $ 90 million in fiscal
year 2000; $ 110 million in fiscal
year 2001; $ 120 million in fiscal
year 2002; and $ 130 million in fiscal
year 2003.
Before making any distribution under subsection (b), the Secretary shall set aside not more than 2 percent of the
funds made available under the tribal transportation program for each fiscal
year to be allocated based on an identification and analysis of
highway safety issues and opportunities on tribal land, as determined by the Secretary, on application of the Indian tribal governments for eligible projects described in section 148 (a)(4).
This transportation bill, Moving Ahead for Progress in the 21st Century (MAP - 21), will sustain our
Highway Trust
Fund and provide states and communities with two
years of steady
funding to build needed roads, bridges, and transit systems.
Upon the lapse of any obligation limitation under subparagraph (A), the Secretary shall reduce proportionately the amount authorized to be appropriated from the
Highway Trust Fund (other than the Mass Transit Account) for fiscal year 2012 to carry out each of the Federal - aid highway and highway safety construction programs (other than emergency relief and funds under the national highway performance program that are exempt from the fiscal year 2012 obligation limitation) by an aggregate amount equal to the amount of adjustment determined pursuant to paragraph
Highway Trust
Fund (other than the Mass Transit Account) for fiscal
year 2012 to carry out each of the Federal - aid
highway and highway safety construction programs (other than emergency relief and funds under the national highway performance program that are exempt from the fiscal year 2012 obligation limitation) by an aggregate amount equal to the amount of adjustment determined pursuant to paragraph
highway and
highway safety construction programs (other than emergency relief and funds under the national highway performance program that are exempt from the fiscal year 2012 obligation limitation) by an aggregate amount equal to the amount of adjustment determined pursuant to paragraph
highway safety construction programs (other than emergency relief and
funds under the national
highway performance program that are exempt from the fiscal year 2012 obligation limitation) by an aggregate amount equal to the amount of adjustment determined pursuant to paragraph
highway performance program that are exempt from the fiscal
year 2012 obligation limitation) by an aggregate amount equal to the amount of adjustment determined pursuant to paragraph (1)(D).
There are authorized to be appropriated from the
Highway Trust
Fund (other than the Mass Transit Account) to be made available to the Secretary for administrative expenses of the Federal
Highway Administration $ 480,000,000 for each of fiscal
years 2012 and 2013.
The state government would auction off a declining number of tradable permits each
year to raise revenue; the revenue from transportation fuels would go to the
Highway Trust
Fund, while the rest would be invested in various climate - y things ranging from clean energy to protections for low - income residents.
In fact, states which do not meet the Jan. 30 deadline lose a full 5 percent of their federal
highway funds for the
year.
Congress is trying to get into the act, too; last
year Sen. Charles Schumer (D - N.Y.) introduced a bill that would strip states of some of their federal
Highway Trust
Fund money if they don't take action on the problem.