2016 Snapshot: Transportation Funding Finance
| State Budgeting and Appropriations |
| State Budget Type / Frequency |
Biennial enactment of two 12-month budgets |
| Fiscal Year Start |
July 1 |
| State Transportation Funding Sources |
| |
Highway |
Transit |
Passenger / Freight Rail |
| Fuel Tax |
Yes |
Yes |
Yes |
| Vehicle or Truck Weight Fees |
Yes |
Yes |
Yes |
| Registration |
Yes |
Yes |
Yes |
| Tolls |
No |
No |
No |
| Sales Tax |
Yes |
Yes |
Yes |
| General Funds |
No |
No |
No |
| Interest Income |
Yes |
Yes |
Yes |
| Other Sources |
Yes |
Yes |
Yes |
| State Transportation Financing |
| |
Highway |
Transit |
Passenger / Freight Rail |
| General Obligation Bonds |
Yes |
Yes |
Yes |
| Revenue Bonds |
No |
No |
No |
| Build America Bonds |
Yes |
Yes |
Yes |
| GARVEE |
No |
No |
No |
| Private Activity Bonds |
No |
No |
No |
| TIFIA Credit Assistance |
No |
No |
No |
| Design Build |
Yes |
No |
No |
| Public / Private Partnerships |
No |
Yes |
Yes |
| Other Financing |
No |
No |
No |
| Grant Management Tools |
| Advance Construction / Partial Conversion |
Yes |
| Federal-aid Matching Strategies |
No |
2016 Snapshot data is derived from the 2016 Transportation Governance and Finance.
1992-2019 data is derived from the Census Bureau, Bureau of Economic Analysis, Bureau of Labor Statistics, FHWA Highway Statistics, American Petroleum Institute, state government websites (motor fuel tax data), and toll facility owner/operator websites.