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RCED-97-234R 1 (1997-09-18)

handle is hein.gao/gaobaclsc0001 and id is 1 raw text is: United States G A O General Accounting Office Washington, D.C. 20548 Resources, Community, and Economic Development Division B-277730 September 18, 1997 The Honorable Carl Levin United States Senate Subject: Transportation Infrastructure: Estimated State Funding Under the Transportation Empowerment Act Dear Senator Levin: As you requested, we are providing the results of our analysis of what obligation authority the states might receive for highway programs under S.667, the proposed Transportation Empowerment Act (TEA-2). On April 23, 1997, you requested that we estimate a state-by-state breakdown of obligation authority, using the same assumptions as in our February 11, 1997, report on an earlier proposed version of TEA-2 for Senator Mack and Congressman Kasich.1 The most critical of the assumptions inherent in TEA-2 is that all states would dedicate sufficient funds to offset the reduction in the federal funds they would receive after federal fuel excise taxes are reduced in fiscal year 2002. As our work progressed, we identified three technical changes to TEA-2 that are necessary if the proposed legislation is to achieve its goal of a zero budget effect. As agreed with your office, we made our TEA-2 estimates as though those changes had been incorporated; therefore, total highway outlays equal total highway excise taxes in each year. The results of our analysis, and the accompanying assumptions and technical changes, are presented in enclosure I. Notes to enclosure I clarify the components of the Core Program-the remaining federal highway programs administered by the Federal Highway Administration (FHWA)-and the estimates of potential state obligations and state funds. We have also provided, as enclosure II, the revenue and outlay estimates underlying our 1Transportation Infrastructure: Estimated Funding Under the Transportation Empowerment Act (GAO/RCED-97-73R, Feb. 11, 1997). GAO/RCED-97-234R Transportation Empowerment Act IC)?

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