| Title | Marine transportation : federal financing and an infrastructure investment framework |
|---|---|
| Record ID | 19679 |
| Personal Name Creator |
Hecker, JayEtta Z. |
| Source | 44p. in various pagings |
| Corporate Contributor |
United States. General Accounting Office |
| Publisher | United States. General Accounting Office |
| Publication Date | 20020900 |
| Language | English |
| Abstract | During fiscal years 1999, 2000, and 2001, federal expenditures for the commercial marine transportation system averaged $3.9 billion per year. Funding for about 80 percent of these expenditures came from the U.S. Treasury’s general fund.6 During this same period, federal agencies collected about $1 billion each year from marine transportation system users. Most of these collections were credited to trust fund accounts that, by law, are dedicated to maritime-related activities such as improving inland waterways or supporting harbor maintenance. In addition, customs duties levied on commodities imported through the marine transportation system averaged about $15.2 billion each year, most of which were deposited in the U.S. Treasury’s general fund. During the same three-year period, federal expenditures for aviation and highway transportation systems averaged $10 billion and $25 billion, respectively, each year. Unlike the funding approach for the marine transportation system, which relies extensively on general tax revenue, the federal funding approach for aviation and highway relies almost exclusively on assessments on users of the transportation systems. During this period, federal agencies collected an average of $11 billion each year from users of the aviation transportation system and an average of $34 billion each year from users of the highway transportation system.8 As with the marine transportation system, most of these collections were credited to trust fund accounts. Figure 1 summarizes the expenditure and assessment comparisons across the three transportation systems. In addition, customs duties for commodities imported through the aviation and highway systems averaged $3.7 billion and $928 million, respectively, per year. |
| Rosap ID | dot:5234 |
| Rosap URL | https://rosap.ntl.bts.gov/view/dot/5234 |
| TRT Terms | Government funding; Capital investments; Revenues; Expenditures; Commercial transportation; Data tables; Air transportation; Highway transportation; Alternatives analysis |
| General Subjects | Evaluation; Financial management; Financing; Harbors; Infrastructure; Intermodal transportation; Marine transportation; National security; Navigational systems; Ports; Transportation safety; Trasnportation systems; United States; Waterways |
| Classification | NTL - MARINE/WATERWAYS TRANSPORTATION - MARINE/WATERWAYS TRANSPORTATION; NTL - MARINE/WATERWAYS TRANSPORTATION - Marine Economics and Finance; NTL - MARINE/WATERWAYS TRANSPORTATION - Marine Planning and Policy |
| Geographical Coverage |
United States |
| OCLC | 53035922 |
| Report Number | GAO-02-1033 |
| Resource type | Policy Statement |
| URL | https://ntlrepository.blob.core.windows.net/lib/19000/19600/19679/PB2002109142.pdf |
| Format | |
| Database | NTL Digital Repository |