Forecasting Transportation Revenue Sources: Survey of State Practices (2015) / Chapter Skim
Currently Skimming:
Pages 18-22
The Chapter Skim interface presents what we've algorithmically identified as the most significant single chunk of text within every page in the chapter.
Select key terms on the right to highlight them within pages of the chapter.
From page 18... ...
19 This chapter summarizes results of the survey that relate to institutional and organizational approaches to forecasting. Quite a bit of variation was reported among states, including organizations responsible for data inputs, developing and running the forecasting models, and publishing the results.
|
From page 19... ...
20 In 2007, Missouri's revenue for transportation came primarily from five sources: 1. Motor Fuel Tax -- A tax on the sale of motor fuel (gasoline, diesel, and blends)
|
From page 20... ...
21 PUBLICATION AND DISTRIBUTION OF RESULTS Of the 45 states responding, 13 reported that revenue forecasts are regularly published and made widely available: Arizona, Colorado, Connecticut, Georgia, Maine, Michigan, Minnesota, Oregon, Pennsylvania, Texas, Utah, Vermont, and Washington. In these states, short-term revenue forecasts either are published as a separate document on the DOT website or included in the state's annual budget documents.
|
From page 21... ...
22 Staff Recommended Consensus Forecast Update -- Difference from July 2013 Forecast 2014 2015 2016 Dollars Percent Dollars Percent Dollars Percent General Fund $8.4 0.6% –$0.4 0.0% –$13.8 –1.0% Transportation Fund $4.2 1.7% $1.1 0.4% –$0.6 –0.2% Education Fund $1.1 0.6% –$0.1 –0.1% –$0.5 –0.3% Total $13.7 0.8% $0.5 0.0% –$15.0 –0.8% Source: Revised 2014–2016 Revenue Outlook) Dollars in millions.
|
From page 22... ...
23 to include gasoline and diesel fuel. AB 6 resulted in the following key changes (http://www.mtc.ca.gov/legislation/state_ budget_3-10.htm)
|
Key Terms
This material may be derived from roughly machine-read images, and so is provided only to facilitate research.
More
information on Chapter Skim is available.